Sentences with phrase «growing petrochemical industry»
The drivers behind OPEC's forecast include steadily rising economic activity around the world, strong demand for transportation fuels like gasoline and jet fuel and a growing petrochemical industry, which turns byproducts from oil and natural gas into chemicals.
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Corpus Christi has grown into a regional center for marketing and distribution of agricultural commodities and boasts a local economy largely driven by tourism and the oil and petrochemical industries.