27 March 2011 17:43 [Source: ICIS news]
(Recast headline and first paragraph)
SAN ANTONIO, Texas (ICIS)--The ongoing nuclear power disaster in Japan’s tsunami-devastated north could in the long term increase US natural gas demand, creating feedstock issues for US petrochemical producers, a top industry official said on Sunday.
Jim Cooper, vice president for petrochemicals at the National Petrochemical & Refiners Association (NPRA), said that the unfolding crisis at the Fukushima Daiichi nuclear power complex could chill recently improving support for a new ?xml:namespace>
US petrochemical producers and downstream chemical makers are heavily dependent on natural gas as a feedstock, and chemical companies along with a broad range of other
Anything that increases demand on domestic
There are various measures pending in the US Congress that would mandate broader use of natural gas to generate electricity, and others that would require high volume transportation operators - such as municipal bus services and private companies with multiple service vehicles - to switch from gasoline to natural gas to fuel their fleets.
At the same time,
The White House also supports expanded use of nuclear power and has pledged loan guarantees and other financial support to help rekindle
However, in the aftermath of the 1979 Three Mile Island nuclear power plant accident at
In addition, according to polling by CBS News,
Part of that popular disfavour, said Cooper, likely can be attributed to ongoing news coverage of the
“We hope that once the mainstream press have something else to pay attention to, maybe people will see nuclear power more realistically and with less panic,” he said.
But as the struggle to contain and conclude the
Cooper spoke on the sidelines of the 36th annual International Petrochemical Conference (IPC). Sponsored by NPRA, the conference runs through Tuesday.
Paul Hodges studies key influencers shaping the chemical industry in Chemicals and the Economy
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections