Terminals (Oil & Gas) Industry Project Spending Forecast to Exceed $13 Billion in 2009, a Feature of "Navigating the

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Wed Aug 27, 2008 8:31am EDT

  SUGAR LAND, TX, Aug 27 (MARKET WIRE) -- 
Researched by Industrial Info Resources (Sugar Land, Texas) -- With the
volatility in the crude oil and energy markets in general, the Terminals
Industry has continued to grow at a steady pace over the past year, as
companies expand infrastructure, distribution and tank storage capacity
to meet growing demand. Between the different segments that make up the
Terminals Industry, which includes storage for crude oil, refined
products, biofuels, chemical, natural gas and liquefied natural gas
(LNG), spending in the industry is relatively healthy, with $13 billion
of activity for 2008. Industrial Info is monitoring more than 56 million
barrels of storage capacity that has already been built or will begin
construction in 2008.

    For details read the entire story and listen to the "Navigating the
Currents of Change" webcast with Ed Weatherly, VP Oil & Gas for Industrial
Info as he analyses the Terminals Industry. Click on the following link -
http://www.industrialinfo.com/showNews.jsp?newsitemID=137677.

    Industrial Info Resources (IIR) is a marketing information service
specializing in industrial process, energy and financial related markets
with products and services ranging from industry news, analytics,
forecasting, plant and project databases, as well as multimedia services.
For more information send inquiries to
petroleumterminalsgroup@industrialinfo.com or visit our website at
www.industrialinfo.com.

    

Contact:

Joe Govreau
713-783-5147

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