U.S. supply of natural gas liquids (NGL) will increase but not to flood levels and not at current low prices, says R.F. Webb, owner of R.F. Webb Corp. Ltd., Ottawa. He predicts gas processors can expect more profitable markets in the next few years, mainly as a result of environmental initiatives in North America and western Europe. Webb, who spoke at DeWitt & Co. Inc.'s petrochemical review in Houston, said the U.S. supply of ethane will decrease by 2005, but total LPG supplies will have increased by 6.2-7.9 billion gal/year. The supply increase, he said, can be absorbed in new motor fuel, chemical, and heating mark...

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