Survey: Midstream Respondents Try to Retain Optimism

January 2017, Vol. 244, No. 1

By Michael Reed, Managing Editor

As the oil and gas business tries to come to grips with low natural gas prices by streamlining and investing in new technologies, a new study still found a large majority of those in the industry are optimistic that renewed growth will occur no later than 2020. Among those responding to Black & Veatch (B&V) survey questions, participants associated with LDCs, and interstate and intrastate pipelines felt most confidence that a rebound would occur relatively soon – surprisingly, oil and gas producers were not far behind. Overall, 69.1% of the 386 responses reflected “very optimistic”…

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