Underground Construction - June 2022 - 30

24th Annual Directional Drilling Survey
essentially the polar opposite of the
small rig contractors. What amounts to
an all-out war on U.S. energy markets
has added up to a difficult year for the
large HDD market.
Large rig owners' favorite and historically
most reliable market, oil and
gas, essentially ground to a halt with
the change of politics in January 2021,
when Joe Biden was sworn in as president.
His " green-energy-at-all-costs "
policies have largely been supported
by the Democratic Party's reclaiming
of both the House and Senate, which
What is the most common type of pipe installed via HDD?
50
48.3
46.6
40
49.0
49.1
brought a return to a hard left agenda.
While Donald Trump's policies, in
general, were positive for energy, his
overall job execution and performance
proved divisive across the country as a
whole, thus dooming his opportunity
for re-election.
49 HDPE.3
Consequently, when Joe Biden and
the new Congress took office, the writing
was on the wall. One of Biden's
first acts was to block the Keystone XL
Pipeline. His policies and appointees
have largely followed a program of confining
and shrinking oil and gas energy,
while forcibly supporting alternative
energy programs.
30
26.1
24.7
20
12.8
12.1
10
9.9
8.8
6.0
4.7
2017
2018
8.7
4.6
2019
11.4
10.8
8.7
4.9
2020
Important qualities contractors seek from vendors
(percent of respondents citing only one characteristic)
50
10.1
8.9
4.8
2021
Steel
Other
Ductile/
Iron
26.3
26.5
26.9 PVC
The result has predictably caused
extreme spikes in oil and gas prices, virtually
no exploration and production
for new fields and, of course, very little
pipeline construction work. Other political
and market factors have also tended
to blunt any growth in oil and gas supplies.
These include aggressive legal
tactics from anti-carbon organizations
combined with intense pressure on
American business to endorse the green
energy movement.
Consequently, Wall Street investors
have largely turned away from energy
companies. Now, with the price of energy
hitting record highs, many energy firms
are content to pay off debt and increase
investor dividends. Of course, with high
energy prices, suddenly the roar of green
energy is not quite as loud and energy
companies are rapidly becoming attractive
investments.
40
34.1%
30.4%
30
22.1%
20
10
7.0%
5.4%
1.0%
Service
Quality
30 JUNE 2022 | UCONonline.com
Availability
Cost of
service/equipment
Technical
knowledge
Location
No one really is buying President
Biden's rhetoric blaming Russian President
Vladimir Putin for the energy
price increase. Prices were skyrocketing
long before Russia invaded the
Ukraine. Only a small part of the
500,000 barrels of Russian oil the U.S.
was importing went to fuel production,
and in overall U.S. consumption, it was
a drop in the bucket.
With the government supporting
anti-pipeline forces, the likelihood of a
ignificant increase in pipeline projects
anytime soon is slim. For now, major
projects are few and largely relegated
http://www.UCONonline.com

Underground Construction - June 2022

Table of Contents for the Digital Edition of Underground Construction - June 2022

Contents
Underground Construction - June 2022 - Cover1
Underground Construction - June 2022 - Cover2
Underground Construction - June 2022 - Contents
Underground Construction - June 2022 - 4
Underground Construction - June 2022 - 5
Underground Construction - June 2022 - 6
Underground Construction - June 2022 - 7
Underground Construction - June 2022 - 8
Underground Construction - June 2022 - 9
Underground Construction - June 2022 - 10
Underground Construction - June 2022 - 11
Underground Construction - June 2022 - 12
Underground Construction - June 2022 - 13
Underground Construction - June 2022 - 14
Underground Construction - June 2022 - 15
Underground Construction - June 2022 - 16
Underground Construction - June 2022 - 17
Underground Construction - June 2022 - 18
Underground Construction - June 2022 - 19
Underground Construction - June 2022 - 20
Underground Construction - June 2022 - 21
Underground Construction - June 2022 - 22
Underground Construction - June 2022 - 23
Underground Construction - June 2022 - 24
Underground Construction - June 2022 - 25
Underground Construction - June 2022 - 26
Underground Construction - June 2022 - 27
Underground Construction - June 2022 - 28
Underground Construction - June 2022 - 29
Underground Construction - June 2022 - 30
Underground Construction - June 2022 - 31
Underground Construction - June 2022 - 32
Underground Construction - June 2022 - 33
Underground Construction - June 2022 - 34
Underground Construction - June 2022 - 35
Underground Construction - June 2022 - 36
Underground Construction - June 2022 - 37
Underground Construction - June 2022 - 38
Underground Construction - June 2022 - 39
Underground Construction - June 2022 - 40
Underground Construction - June 2022 - 41
Underground Construction - June 2022 - 42
Underground Construction - June 2022 - 43
Underground Construction - June 2022 - 44
Underground Construction - June 2022 - 45
Underground Construction - June 2022 - 46
Underground Construction - June 2022 - 47
Underground Construction - June 2022 - 48
Underground Construction - June 2022 - 49
Underground Construction - June 2022 - 50
Underground Construction - June 2022 - 51
Underground Construction - June 2022 - 52
Underground Construction - June 2022 - 53
Underground Construction - June 2022 - 54
Underground Construction - June 2022 - 55
Underground Construction - June 2022 - 56
Underground Construction - June 2022 - 57
Underground Construction - June 2022 - 58
Underground Construction - June 2022 - Cover3
Underground Construction - June 2022 - Cover4
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202209
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202208
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202207
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202206
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202205
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202204
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202203
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202202
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202201
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202112
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202111
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202110
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202109
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202108
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202107
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202106
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202105
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202104
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202103
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202102
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202101
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202012
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202011
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202010
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202009
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202008
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202007
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202006
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202005
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202004
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202003
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202002
https://www.nxtbook.com/nxtbooks/gulfpub/uc_202001
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201912
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201911
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201910
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201909
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201908
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201907
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201906
https://www.nxtbook.com/nxtbooks/gulfpub/uesi_summer2019
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201905
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201904
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201903
https://www.nxtbook.com/nxtbooks/gulfpub/uesi_winter2019
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201902
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201901
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201812
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201811
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201810
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201809
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201808
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201807
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201806
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201805
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201804
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201803
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201802
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201801
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201712
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201711
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201710
https://www.nxtbook.com/nxtbooks/gulfpub/uc_ditchwitch
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201709
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201708
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201707
https://www.nxtbook.com/nxtbooks/gulfpub/uc_201706
https://www.nxtbookmedia.com