SOURCE: Industrial Info Resources

November 13, 2007 07:07 ET

More Than $1.5 Billion Allotted for Crude Oil, Refined Products Terminal Expansions in Texas, Louisiana, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - November 13, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas)--During the next three years, approximately $1.5 billion will be spent in an effort to expand the storage infrastructure for crude oil and refined petroleum products in Texas and Louisiana. The money will be spread across 91 projects with an average capital value of about $17 million. The scope of these projects run the gamut, from the single-tank construction to complete new storage terminals.

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