SUGAR LAND, Texas, Oct. 24, 2017 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. natural gas producers have struggled to operate profitably in a low-price environment. That doesn't look likely to change any time soon. But those low prices, along with incredible efficiency gains, have shifted investment to short-cycle unconventional shales. Recovering prices and OPEC cuts have increased unconventional upstream production investment 50% this year. This is leading to strong growth in investments for domestic infrastructure projects like gas-processing facilities and gas pipelines, Shane Mullins, Industrial Info's vice president of product development for energy markets, told about 500 attendees at Industrial Info's 2018 Industrial Market Outlook event held October 12 in Baton Rouge, Louisiana.
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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 www.industrialinfo.com "Contact Us" page.
Brian Ford
(713) 980-9393
SOURCE Industrial Info Resources, Inc.
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