MMR President/CEO Pepper Rutland Featured in Baton Rouge Business Report

October 8, 2015

MMR President and CEO Pepper Rutland shares his views on the Baton Rouge industry outlook for the last quarter of 2015:

Industrial infrastructure expansions will continue.

James Pepper Rutland, At MMR, we believe the oil market will remain volatile through 2016 and cheap natural gas will remain plentiful for the next few years. Cheap gas continues to stimulate investment in the chemical and plastics industries
where it serves as a feedstock, while the low oil pricing will continue to impact negatively the upstream market and some midstream markets. Overall, high oil prices and low natural gas prices was the perfect scenario for massive industrial investments. We
believe the industrial infrastructure expansions will continue through 2016 and 2017, but not at the pace previously seen. Look for an adjustment downward by the end of 2017.

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