Gulf Coast Hub

Resources Market Infrastructure Policy

Resources: A measure of total energy production and consumption per capita

Market: The cost of consumption, measured in electricity prices and gasoline taxes

Infrastructure: Capacity to generate and refine energy sources; miles of pipelines

Increased Crude Oil Production

The recent downturn in crude oil prices is expected to have only a minimal impact on Gulf of Mexico production, according to forecasting from the U.S. Energy Information Administration. The government agency projects that crude oil production will reach 1.52 million barrels per day in 2015 and grow to 1.61 million barrels per day in 2016.

Well-Developed Infrastructure

The Gulf Coast's trading hubs and distribution infrastructure are split between a Louisiana corridor and a Texas corridor. The Louisiana corridor hubs are connected to the Midwest region and the Midcontinent region for oil export and import, while the Texas Corridor hubs are connected to the Midcontinent region.

State Profiles