IndustryWeek is reporting on a new study from IHS Global Inc. predicting substantial domestic infrastructure investments in the coming decade: "Investment of $890 billion over the next 12 years in oil and gas transportation and storage infrastructure will move the U.S. toward a trade balance in energy and dramatically impact the U.S. economy, according to a new study from IHS Global Inc., an information and analytics firm." More: "Dramatic increases in domestic crude oil and natural gas production, the study finds, are resulting in a continuing period of major investments that include pipelines, rail, ships, storage facilities, refineries and facilities to liquefy natural gas. Between 2014 and 2020, an average of more than $80 billion will be invested annually in petroleum infrastructure, IHS predicts. After 2020, that investment will moderate but the research firm expects direct capital investment will still be nearly $60 billion by 2025."
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