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| Powered by Industrial Information Resources, Inc. |
| February 22, 2012 |
As Keystone XL and Northern Gateway Pipelines Stall, Other Projects Ready to De-Bottleneck Cushing
SUGAR LAND--January 24, 2012--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--President Obama's denial last week of a permit for the Keystone XL crude oil pipeline is creating problems for some proposed crude-oil pipelines, and opportunities for others. The Keystone XL project shot down by the president would have run 1,700 miles from Hardisty, Alberta, to Cushing, Oklahoma, and on to refineries in Texas. Developed by TransCanada Corporation (NYSE:TRP) (Calgary, Alberta), Keystone XL is a $7 billion project to transport up to 700,000 barrels per day (BBL/d) of oil sands crude oil to the U.S.
Another proposed crude-oil pipeline, Northern Gateway, would seem to be a logical beneficiary of the Obama administration's decision. That project, valued at approximately $5 billion, would stretch about 2,000 miles from the oil sands fields of Alberta to export terminals in British Columbia, where it would be shipped to Asian markets. But that proposed pipeline, being developed by Enbridge Incorporated (NYSE:ENB) (Calgary, Alberta), has run into the same kind of political and environmental opposition that stymied Keystone XL in the U.S.
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Gas-Fired Power in Texas: Big and Getting Bigger
SUGAR LAND--February 13, 2012--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Natural gas power development is surging in Texas, and many observers expect that this will continue to be the case for some years to come. Industrial Info is tracking 28 gas-fired power projects that are scheduled to kick off in 2012, requiring a total investment value (TIV) of $2.2 billion. Next year, another 12 gas-fired power projects are scheduled to break ground, valued at about $2.5 billion.
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U.S. Could See $125 Billion in Industrial Capital, Maintenance Projects Begin Construction in Second Quarter
SUGAR LAND--February 10, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--One of the keys to economic recovery in the U.S. has been companies investing in this country. Jobs have been a hot topic in recent months, especially as this is an election year, and the gains seen recently are a direct result of continued investment by industrial and commercial companies. Spending has remained strong in the U.S., even when the economy was wavering, and from all indications it is only going to get better in the coming months. Industrial Info Resources is tracking almost 2,000 industrial capital or maintenance projects worth an estimated $125.6 billion that are scheduled to begin construction activities during the second quarter.
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More Than $3 Billion of Industrial Projects Planned for U.S. Northeast in First-Quarter 2012
SUGAR LAND--January 26, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Northeast market region, which consists of the states of New York, Pennsylvania, Delaware and New Jersey, has more than $3.1 billion in projects that are planned to begin in the first quarter of this year, according to Industrial Info's North American Industrial Project Database. New York, with more than $2.1 billion in planned projects, leads the region in terms of project value, followed by Pennsylvania, which has slightly more than $850 million in planned project kickoffs during the quarter.
Companies featured: Cascades Incorporated (TSX:CAS), General Motors Company (NYSE:GM)
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Power, Biofuels Lead Oregon and Washington's 2012 Planned Project Starts
SUGAR LAND--February 16, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Often overshadowed by their West Coast neighbor California, the states of Washington and Oregon boast more than $55 billion in active projects that are in the planning, engineering or construction stage. Approximately $7.5 billion of these projects are planned to begin construction in the two states by the end of this year.
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