Trump Era Sparks Biggest U.S. Gas Pipeline Boom Since 2008 [zero hedge]
NextDecade Corporation (NEXT)
US:NASDAQ Investor Relations:
next-decade.com/investors
Company Research
Source: zero hedge
Trump Era Sparks Biggest U.S. Gas Pipeline Boom Since 2008 A massive pipeline buildout is sweeping across Texas, Louisiana and Oklahoma, marking the largest expansion of Gulf Coast natural-gas capacity since the 2008 shale boom, according to Bloomberg . As many as a dozen projects are slated for completion next year, enough to boost the region’s gas-shipping capacity by 13%—roughly the equivalent of Canada’s total consumption, according to US Energy Information Administration data. “This is the most activity I’ve seen in my 20 years in the industry,” said Jack Weixel of East Daley Analytics. Though most projects long predate Donald Trump’s second term, the timing aligns neatly with his push to expand US LNG exports and strengthen US dominance in global energy markets. New LNG terminals scheduled for service in 2027 and beyond will rely heavily on these pipelines. As one analyst put it, “Pipeline development tends to respond to LNG export capacity — not so much drive it.” The surge is
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- Securing Tomorrow's Energy Mix [Forbes]Forbes
- How Baker Hughes' Major LNG Contract Win with Bechtel Will Impact BKR Investors [Yahoo! Finance]Yahoo! Finance
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