Low Commodity Prices Kill, Stall North American Pipeline Projects
Low Commodity Prices Kill, Stall North American Pipeline Projects
SUGAR LAND--April 29, 2016--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The prolonged swoon in crude oil and natural gas prices is one of several factors taking its toll on North American Pipeline projects. Over the last 12 months, over $20 billion of Oil & Gas Pipeline projects have been cancelled or placed on hold due to market conditions or inability to secure necessary permits. Within this article: Lists several of the cancelled or on hold projects that Industrial Info is tracking. Additional companies: Kinder Morgan Incorporated (NYSE:KMI), of Williams Partners LP (NYSE:WPZ), Cabot Oil & Gas Corporation (NYSE:COG), Piedmont Natural Gas Company (NYSE:PNY), WGL Holdings Incorporated (NYSE:WGL), Spectra Energy Corporation (NYSE:SE), MDU Resources Group Incorporated (NYSE:MDU)
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