Data centers and gas demand make boring pipelines great again
News Source : Fortune
News Summary
- The nation’s natural gas pipeline buildout is looking at its biggest growth surge in nearly 20 years.
- U.S. natural gas production is projected to keep surging to about 160 billion cubic feet daily by 2040.
- The ample domestic supply is why the war in Iran hasn’t affected natural gas prices, even while oil and fuel prices have spiked.
- And the historical goals for a “boring, but very profitable” industry now has the potential for pipelines to take center stage.
New pipeline construction is almost as hard to find in New York and New England as the Loch Ness Monster is in Scotland. But theres now a NESE (pronounced Nessie) sighting in Brooklyn.Oklahomabased [+9851 chars]
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