Natural gas production has reached record levels in the United States thanks to the Eagle Ford and other shale plays. Although natural gas prices are trading near 10-year lows, producers are finding new markets and outlets for the clean-burning fuel, cheap natural gas from the Eagle Ford has created conditions allowing for billions of dollars of […] Read More »
Construction continues to steam along in Port Aransas. City records show development moving at a brisk rate. Port Aransas is “a solid, healthy market with willing sellers and willing buyers,” Local Developer Lorette said. “These are individuals, people wanting to have a part of Port Aransas and come and enjoy it”. Many buyers are longtime […] Read More »
Gulf Coast states have virtually eliminated imports of light crude oils from foreign countries due to booming U.S. oil production from hydraulically fractured wells over the country’s shale plays. Gulf Coast states like Texas and Louisiana used to import as much as 1.3 million barrels per day of light, sweet crude oil — more than […] Read More »
The U.S. shale revolution has spurred construction of many types—remote-site roads, natural-gas processing plants, pipelines, storage-tank farms and petrochemical projects, among them—but few, if any, projects are as challenging to develop, permit, finance and build as the multibillion-dollar plans to liquefy natural gas and load the resulting LNG for shipment overseas. Construction began on the […] Read More »
Corpus Christi is seeing explosive economic growth from Eagle Ford Shale. More than $3.8 billion in projects are under construction at the Port of Corpus Christi, with $12 billion more in the permitting phase. Projects include: A $10 billion Cheniere Energy Inc. natural-gas liquefaction plant, handling shale product. Trafigura is undergoing a $500 million expansion […] Read More »