The crude oil and natural gas mining industry is difficult to ignore. Shell recently sold share gas rights in shale formations in the Marcellus and Utica shale formations in addition to its gas rights in Louisiana. The two transactions were separate, and they totaled $2.1 billion. Mining crude oil and natural gas is not like trying to strike gold. The Shale Boom is well underway, and the funds are real. There is a distinct possibility that midstream business could be the next New Deal, which largely dragged the United States out of the Great Depression in the 1930s. Why Midstream Transport and Infrastructure Is Integral to Continuing Operations Safe and effective transport of products to pipelines is an ongoing necessity for mining operations. Similarly, it is almost impossible to justify the cost of building lasting pipes and other infrastructure until there is enough product to fill the pipes. In the interim, the midstream sector is directly responsible for shipping crude oil and na
http://www.shaledirectories.com/blog/midstream-business-new-new-deal/
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