Texas Oil Boom Prompts Mad Scramble to Build Infrastructure
Building
is booming in Corpus Christi, Texas, as the result of the intense activity at
the Eagle Ford shale formation. Energy firms have needed to build facilities
such as storage tanks and docks, and more work is planned. "Had you asked
the port managers of Corpus Christi five to 10 years ago whether they'd be
expanding infrastructure, they would have said no," said Andrew Lebow, a
senior vice president at Jefferies Bache LLC in New York. "No one foresaw
that domestic production, especially Texas production, would increase like it
has. In terms of infrastructure, the industry has had to scramble."
From NRCA
Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
407 North Howard Avenue
Suite 100
Tampa, FL 33606
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