Must-Read: Sent In By A Reader -- Huge Growth In Houston Seen

[Wells coming off confidential list today have been posted: two nice wells.]

From a reader:

Coming to Houston port region: $35 billion in investments and 111,000 jobs, between 2012 and 2015:

http://www.bizjournals.com/houston/news/2013/01/22/coming-to-the-houston-port-region.html

While oil impacts the Houston port region somewhat, NGLs are the real driver. More ethane means more ethane crackers and more polyethylene for expore, more propane means more polypropylene and more propane exports, more butane means more polybutylene and butadiene etc as well as more exports. Crackers are billion dollar investments and then at least 10 being planned or under construction. Then there is LNG potential.

The Houston port doesn't include Beaumont or the Lake Charles region, which also have massive projects underway or planned related to NGLs and LNG.