April 2014, Vol. 241 No. 4

Features

Massive Pipeline Investment Hot Topic At Energy Conference

Huge investments will be required in pipeline infrastructure, especially in North America, according to a consensus of speakers at the 2014 IHS CERAWeek conference in Houston March 3-7. Russ Girling, CEO of TransCanada, said, “We have a lot of opportunity in front of us, probably more opportunity than I’ve ever seen in my 30-year career.” Girling cited an IEA estimate that between now and 2035, the United States, Canada, and Mexico will need $6 trillion worth of energy infrastructure work, including spending on oil, gas and power resources. “$2.5 trillion of that $6 trillion is going to be spent in oil infrastructure here in North America,” he s