Tuesday, August 27, 2013

Several hundred billion dollar market to be discovered

In February this year, on behalf of the United States more than 500 oil and gas companies approved by the American Petroleum Institute called on the Department of  shale gas  exports is estimated that from 2015 to 2035, the export of natural gas for the U.S. contribution of $ 700 billion economic growth and create 213,000 annually for the United States jobs.

Analysts believe that the emergence of new drilling techniques to promote the U.S. natural gas output, but also to promote transportation and storage of natural gas companies to expand investment in infrastructure for natural gas liquefaction and storage. Infrastructure engineering and construction spending growth will allow businesses to benefit.

In fact, the U.S. energy infrastructure sector has been the opportunity to capture some investors.Frac sand The SEC recently released position report, "Warren" Buffett's Berkshire helm of the first quarter of this year, the newly acquired 650 million shares of Chicago Bridge Iron and Steel Company (NYSE: CBI) shares. Chicago Bridge Iron and Steel Company is the world's leading engineering, procurement and construction business, primarily focused on the energy sector projects. Currently Chicago Bridge Iron and Steel Company customers include some of the world's largest energy companies, such as BP, Exxon Mobil and other. The company's share price rose 20 percent last month, has risen 35 percent this year.

The U.S. market and other major energy infrastructure projects such companies recently have good performance. Foster Wheeler (Nasdaq: FWLT) shares rose 8 percent over the past month.fracturing proppant The company in the petrochemical, engineering, global leader in the construction field.

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