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Investors eye midstream sector as production ramps up

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By Liz Hampton | HOUSTON

Investors are placing bets that demand for U.S. energy pipelines, storage and processing facilities will outstrip supply in the next few years as the resurgence in shale oil and gas production increases.

With U.S. oil prices mostly above $50 a barrel for several months and a jump in drilling activity this year, new projects are moving off the drawing boards, and backers are lining up customers. There also has been a spate of deals involving existing transportation and storage networks.

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