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U.S. ethane production, consumption, and exports set new records in 2024

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U.S. ethane production, consumption, and exports reached record highs in 2024, according to recent data from our Petroleum Supply Monthly. Increasing ethane recovery associated with natural gas production and continued growth in the domestic and global petrochemical sectors drove these increases. U.S. ethane production rose 7% to average a record 2.8 million barrels per day ...

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