SOURCE: Industrial Info Resources

Industrial Info Resources

November 24, 2010 05:10 ET

Oil Prices Propel Positive Outlook for Oil & Gas Production and Transmission in 2011, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - November 24, 2010) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Bolstered by oil prices averaging $80 per barrel for much of 2010, project spending in the Oil & Gas Production and Transmission industries is expected to have a strong start in 2011, Jesus Davis, Industrial Info Resources' vice president of research for the global oil & gas industry, told about 300 attendees at the company's 2011 Industrial Market Outlook in Baton Rouge, Louisiana, last week.

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