INGAA Foundation study outlines midstream gas development pluses

02/27/2012
A study commissioned by the INGAA Foundation concluded that $229.1 billion in projected US midstream oil and gas investments and operations and maintenance outlays through 2035 would support an average of 125,339 jobs/year; generate nearly $57 billion in federal, state, and local taxes; and add $511.5 billion in total economic output. The midstream infrastructure benefits would come in addition to upstream, downstream, energy security, and air emissions benefits associated with greater domestic production, researchers at Black & Veatch said. Benefits would come not only from constructing and installing pipelines, but also from maintaining them, they said during a Feb. 16 briefing at t...
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