Friday, July 19, 2013

Bakken Oil Boom: Will North Dakota ?Blow it? by Under-Investing in Infrastructure? ? an Industrial Info News Alert

SOURCE: Industrial Info Resources

Industrial Info Resources

DENVER, CO--(Marketwired - Jul 19, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The oil boom in the Bakken Shale has triggered nearly $20 billion in energy-related project spending in North Dakota. Still, speakers at a conference this week in Denver said the state was courting the premature end of that boom by its inability or unwillingness to fund basic economic infrastructure projects like roads, airports, housing, libraries, and water-treatment plants. "The state of North Dakota is very close to blowing it big time," Dean Dovolis, an architect and investor active in that state, told about 50 attendees at the "Emerging Opportunities in Oil & Gas Plays" conference.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle?, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Source: http://www.marketwire.com/mw/release.do?id=1812790&sourceType=3&utm_source=rss&utm_medium=rss&utm_campaign=bakken-oil-boom-will-north-dakota-blow-it-by-under-investing-in-infrastructure-an-industrial-info-news-alert

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