2020 Building Products Market Update: 2nd Edition

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Midstream Oil and Gas Construction: Getting the Basics Right
The U.S. midstream oil and gas construction industry has experienced tremendous growth over the past decade, forcing industry stakeholders from across the nation to work together under extreme environmental conditions, compressed project schedules, persistent labor fluctuations and ongoing cost pressures. Despite collapsing crude oil prices and declining natural gas prices, the midstream oil and gas market is poised for continued strong growth – mainly due to the huge transportation demand for getting oil and gas from the wellheads to end users. Within the pipeline construction sector, planning, designing, and building activities remain historically high and are expected to remain robust for the near future.
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