U.S. Midstream Industry Reacts Less Negatively to Oil Price Drop than Producers, Drillers

SUGAR LAND--January 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).