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[GreenYes] Plastics Economics
According to 5/21/01 Plastics News ("Industry Hopeful of Energy Plan"), the US plastics industry had been advantaged over Europe by very low natural gas prices which provides source of 70% of PE (compared to higher priced oil used in 70%of PE production in Europe). Today, natural gas prices in US have risen to the point where European oil prices now have the price advantage.  For that reason, plastic producer associations support efforts to increase electric generation from coal and nuclear instead of natural gas.

Peter Anderson
4513 Vernon Blvd. Suite 15
Madison, WI 53705-4964
(608) 231-1100/Fax (608) 233-0011/Mobile (608) 345-0381

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