SOURCE: Industrial Info Resources

October 07, 2009 07:01 ET

Positive Signs Emerge for 2010 Capital Spending in the Oil & Gas Transmission Industry, a Feature of Navigating the Currents of Change on Industrialinfo.com

SUGAR LAND, TX--(Marketwire - October 7, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Because of the recession, the Oil & Gas Transmission Industry has been going through an adjustment period or global reset of sorts. In 2009, economics, combined with regulatory and funding issues, forced many companies to place projects on hold, delay spending or cancel projects entirely. Project owners are re-evaluating projects and trying to reduce costs where possible.

Against such a backdrop, one might expect a pessimistic outlook, but certain sectors show promising signs for a positive 2010 as far as capital spending is concerned. Some of the more positive sectors include shale gas developments such as the Barnett Shale, which are attracting increased pipeline infrastructure construction, as well as CO2 pipeline construction.

Click here to join Ilna Penny, Senior Pipeline Analyst for Industrial Info, as she explores these developments on this week's "Navigating the Currents of Change" webcast.

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news. For information send inquiries to oilandgastransmissiongroup@industrialinfo.com or visit us at www.industrialinfo.com.

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