Marcellus Shale Investment To Reach $70B by 2035
Oil and gas midstream investments in the U.S. and Canada are predicted to reach $30 billion per year until 2035.
A study by ICF International predicts that the Marcellus Shale will generate up to $70 billion in investments in natural gas infrastructure by 2035. According to the report, oil and gas midstream investments in the U.S. and Canada will reach about $30 billion per year until 2035.
"This report shows a vibrant natural gas market in the future, and it also demonstrates the need for additional midstream infrastructure to support natural gas fulfilling its potential as a foundation fuel for our energy economy," said Don Santa, president of the Interstate Natural Gas Association of America.
The INGAA Foundation commissioned the report.
Click here to read more.