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EEIA Welcomes New Member Targa Resources

logo.jpg EEIA is pleased to welcome Targa Resources as our newest member company.

Targa Resources is a provider of midstream services and is one of the largest independent midstream energy companies in North America. The company owns, operates and develops a diversified portfolio of complementary midstream energy assets.

Headquartered in Houston, Texas, Targa Resources is primarily engaged in the business of (1) gathering, compressing, treating, processing, and selling natural gas; (2) storing, fractionating, treating, transporting, and selling NGLs and NGL products; (3) gathering, storing, and terminaling crude oil; and (4) storing, terminaling, and selling refined petroleum products.

EEIA is a trade association representing energy supply chain companies that provide equipment, logistics, materials, services and construction to shale oil and gas operations.

The shale energy supply chain is made up of sixty different industries, including over 120,000 companies, that together account for over $170 billion of annual sales, and have over 600,000 people employed to serve energy-related customers. Bringing that major economic force together as a unified political voice has proven effective in moving pro-development energy policy to the front burner in Washington.

EEIAs key role in energy debates stems from the fact that supply chain companies operate in all fifty states, and not just in the energy producing areas. This helps policymakers from non-producing areas of the country understand that supporting energy production helps the economies and workers of their own states and districts.

EEIAs current top legislative priorities are repealing the decades-old ban on crude oil exports, and removing federal administrative roadblocks to exporting natural gas in the form of LNG. Success in both areas will support increased oil and natural gas production, which in turn will spur renewed growth in business and employment for suppliers of equipment, products and services used in the process of drilling and hydraulic fracturing for oil and gas from shale.

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