US South's Biggest Gas Pipeline Boom in 20 Years

Markets & Money Today | 2 Min News | The Daily News Now! - Podcast autorstwa The Daily News Now! - Piątki

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The United States South is witnessing its most significant natural gas pipeline boom in nearly two decades, with companies building systems to supply massive export terminals along the Gulf of Mexico. This year alone, up to twelve projects are set to finish in Texas, Louisiana, and Oklahoma, marking the largest one-year expansion since the shale gas boom in 2008. These new pipelines will carry enough gas to supply all of Canada and help drillers in West Texas, where gas production is high but pipeline space is limited. The surge in projects is driven by soaring global demand for natural gas and the USs goal to increase gas exports and dominate global energy markets. Companies like Sempra and NextDecade are investing billions to build new terminals, and the pipelines set to finish next year will mostly feed these new liquefied natural gas terminals expected to start operating in 2027 and beyond.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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