July 2008

Trends and Resources

HP Impact: HPImpact: Key indicators reveal outlook for HPI products

The American Chemistry Council (ACC) regularly reviews various economic and statistical reports to keep a running tab on significant indicators—both positive and negative—impacting the hydro..

Weirauch, Wendy, Hydrocarbon Processing Staff

The American Chemistry Council (ACC) regularly reviews various economic and statistical reports to keep a running tab on significant indicators—both positive and negative—impacting the hydrocarbon proessing industry (HPI). With first-quarter economic growth in the US being revised upward, a durable goods order report suggests some strength in the business sector despite weak economic growth. Another big concern has been oil and natural gas prices as they impact other sectors. Due to rising demand in emerging markets, a lower dollar and tight supplies, oil prices have been steadily rising since earlier in the decade. "For natural gas, government policies promoting the use of nat

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