Cheap Gas From Fracking Fuels Profits at LyondellBasell: Energy

Cheap Gas From Fracking Fuels Profits at LyondellBasell: Energy

Aaron M. Sprecher/Bloomberg

LyondellBasell can produce ethylene, which this year sold for about 49 cents a pound, for about 18 cents a pound using ethane -- a 20-cent advantage over naphtha-based producers according to Brian Maguire an analyst at Goldman Sachs Group Inc. in Houston.