Gas and NGL Infrastructure: Will U.S. Build-out Lead to an Over-Build?
DENVER, COLORADO--July 23, 2012--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--In a commodity business, timing large infrastructure projects involves faith and luck no less than supply and demand do. Strong gains in supply coupled with a shortfall in infrastructure means products get stranded, like crude oil in Cushing, Oklahoma. Attendees and speakers at a conference on the natural gas liquids (NGL) business here last week had differing views on whether the processing and transportation infrastructure for NGLs, now going through a significant build-out, was in danger of becoming over-built.
Other companies featured: MarkWest Energy Partners, LP (NYSE:MWE)