Today’s Midstream Market Tactic: Deferring Capital Expenditures
Recent downturns arise reduced costs and complexity among midstream operators In March of 2014 prior to falling oil and gas prices, analysts’ modest scenario assumed long-term North American natural gas prices will average $6.00/MMBtu and oil $100.00/bbl. Midstream infrastructure investment was forecast to need close to $641 billion over the next 22 years just to…
