Breitling Oil and Gas Morning Podcast #114 July 19th, 2012

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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