All this pipeline growth and energy amassing at the USGC will lead to massive new investment not only in energy export facilities but also in energy-hungry industries. If you produce anything that uses lots of energy and can be automatized, you may want to bring your billions there and build new plants. Mind you that the biggest consumer market on the planet is right on your doorstep without the threat of tariffs, a tried and tested legal system that won’t rip your IP off your hands, first-class infrastructure where you don’t have to build entire towns from the scratch and telecommunications await you. The US is at the cusp of a new industrial age.
Thanks to growing production from the Permian Basin, another wave of new crude oil takeaway capacity will be needed by the end of the next decade, according to natural resources consultancy Wood Mackenzie.