September 9, 2015 – Wall Street Journal
Energy Pipeline Boom Ebbs
By: Alison Sider
Falling U.S. oil production and low crude prices are casting a shadow over one of the bigger energy-infrastructure building sprees: pipeline construction.
The shale boom that began in 2008 created a huge need for new pipelines in places like North Dakota and West Texas—but many of those lines now have been built. Meanwhile, oil output has finally started to decline, according to federal estimates, in the wake of a 50% drop in the price of crude....
