Northeast Market Region Invests Heavily in Oil & Gas

SUGAR LAND--September 21, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--As usual, when totaling Oil & Gas spending by region, Western Canada and the Southwest U.S. lead the pack. Between the prolific Permian Basin and Alberta Oil Sands, it's not hard to understand why. Trailing behind these two giants is the Northeast U.S., which includes Pennsylvania, the site of much Marcellus/Utica shale development. In total, Industrial Info is tracking more than $9 billion in active projects in the Northeast region, including terminals, pipelines, and production infrastructure. Of this total, more than half is dedicated to grassroot construction projects, meaning new infrastructure rather than the expansion of old infrastructure.

Within this article: Details of the PennEast Pipeline Project