SOURCE: Industrial Info Resources

Industrial Info Resources

July 12, 2012 06:30 ET

Texas, Pennsylvania, Alaska, Louisiana Lead U.S. in Oil & Gas Spending and Projects, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jul 12, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- With the advent of economical shale gas, natural gas liquid (NGL) extraction, and improved pipeline access to the Gulf Coast, development in the oil and gas industries in the U.S. is ramping up. Industrial Info is tracking more than $163 billion invested in 1,467 active projects throughout the U.S. in the upstream and midstream oil and gas industries. Of that $163 billion, about $162 billion is invested in 777 capital projects. In natural gas alone, there are 333 active capital projects in the database, representing $97 billion in investments. While Texas may lead the U.S. in terms of NGL infrastructure investments and project numbers, it only ranks second in total investment value in natural gas projects for the U.S.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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