Industry Analysis & Industry Trends
Over the five years to 2013, the Oil and Gas Pipeline Construction industry has experienced strong, yet erratic demand due to volatile investment in energy-related infrastructure. Driven by higher global energy prices and the implementation of new technologies, oil and natural gas pipeline contractors experienced a considerable spike in demand in 2008, fluctuating annually in the five years to 2013. Additionally, steady expansion in the production and consumption of natural gas for domestic, industrial and power generation purposes will continue to drive demand for natural gas pipeline construction in the five years to 2018... purchase to read more
Industry Report - Industry Locations Chapter
The geographic distribution of industry activity bears little correlation to US population distribution and general economic activity (i.e. GDP). The reason for this factor is because industry activity is concentrated in the regions close to gas and oil resources in the Southwest and Southeast. Industry activity is low in the Mid-Atlantic, the Plains, New England and Great Lakes regions. However, New England is experiencing growth in the number of establishments. The largest states in terms of establishments are Texas (26.1%), Louisiana (6.9%) and California (6.0%).
The Southwest region accounts for 35.0% of industry establishments, and this is representative of the concentration of oil and gas resources in the region, most notably Texas... purchase to read more