July 2011, Vol. 238 No. 7


Changing Natural Gas Midstream Capital Forecasted for 25 Years

New areas of hydrocarbon production in the U.S. and Canada are supplying more and more natural gas, crude oil and natural gas liquids (NGLs) as production comes from shale deposits and other unconventional resources. At the same time, new consumption centers are developing, especially for natural gas and NGLs. Both of these, supply and demand, are making significant changes to the fossil fuel infrastructure and making the need for additional capital. A subsidiary of the natural gas trade group, INGAA (Interstate Natural Gas Association of America), the INGAA Foundation, commissioned the energy research group, ICF International, to do a study of the capital requirements for the

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