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March 23, 2020
By: Anthony Locicero
Copy editor, New York Post
In the wake of the coronavirus and collapse in crude oil prices, chemical, and oil and gas, and midstream companies will all slash capital spending (capex) for growth projects to preserve cash. As a result, the US and global chemical investment wave look to slow considerably in the years ahead. While major US chemical projects under construction should continue, the fall in Brent crude oil prices and the shrinking of the Brent/US Henry Hub natural gas ratio from the 30s to the mid-t...
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