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Fluor CEO David Seaton: Shale Gas Will Drive US Manufacturing Resurgence

David Seaton

Fluor Corp. CEO David Seaton has said that shale gas and its derivatives will revive the manufacturing industry in the U.S., according to a Bloomberg article.

In an interview in Dubai November 30, Seaton said the US is the only developed country that can “really grow” shale gas.

In fact, Seaton said there is a potential $30 billion worth of shale gas projects in the U.S. Gulf of Mexico coast region alone.

Seaton added that Fluor, a Texas-based engineering and construction company, expects shale gas demand growth in the Middle East and Australia which would benefit U.S. growth in the chemical and manufacturing industries.

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