Only 7 percent of plastic waste in the United States is recycled each year, according to the EPA. A startup company in Niagara Falls says it can increase that amount and reduce the country's dependence on foreign oil at the same time.
The so-called ethane cracking, or "cracker," plant would convert ethane from bountiful Marcellus Shale natural gas liquids into more profitable chemicals such as ethylene, which are then used to produce everything from plastics to tires to antifreeze.
Gasoline costs nearly 80 cents more per gallon than it did in January. Motorists dread the trip to the pump and wonder why prices are so high — and when they'll go back down. But growing world demand could mean oil prices will continue to rise in coming years.
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