Pipeline stampede

摘要

Gordon Cope assesses the USA's deluge of pipeline projects and the likelihood of it becoming the world's largest oil producer. Horizontal drilling and hydraulic fracturing have created a renaissance in the US oil and gas sector. In little over a decade, it has more than doubled production, and the nation now stands poised to become the world's largest oil producer. The Interstate Natural Gas Association of America (INGAA) notes that, over the next 20 years, North American midstream operators will spend approximately US$550 billion (or US$27.5 billion annually) on oil, gas and NGL infrastructure.