SOURCE: Industrial Info Resources

Industrial Info Resources

January 26, 2015 06:15 ET

U.S. Midstream Industry Reacts Less Negatively to Oil Price Drop Than Producers, Drillers, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jan 26, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Industry professionals are reacting in myriad ways to the recent plunge in oil prices, depending on where in the oil stream they fall. Upstream industry professionals -- the drillers and producers -- were the first to feel the effects of low commodity prices, and are being hit hard. The problems go downstream from there, next affecting the upper midstream projects, before even making it to the mainline pipeline realm of midstream.

Within this article: Details on how the oil price plunge is affecting the industry, including big players like Baker Hughes Incorporated (NYSE:BHI), Schlumberger Limited (NYSE:SLB) and Cenovus Energy Incorporated (NYSE:CVE).

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, 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 "Contact Us" page.

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