Oil Pipeline Transportation in the US
The Oil Pipeline Transportation industry has grown over the past five years, driven by steady oil production in Canada and the United States. Directional drilling, hydraulic fracturing and other advanced drilling techniques have increased the number of profitable oil reserves across North America. As production has increased, oil and gas companies have demanded additional pipeline capacity to transport crude oil from extraction sites to refineries, where crude oil can be refined into higher value products like gasoline. In the coming years, crude oil production will continue to rise, and pipeline investments will drive industry growth. Profitability will also increase, as companies will be able to boost transportation rates as demand grows.
Industry operators primarily transport crude oil through pipelines. This industry does not include companies that predominantly transport other commodities besides crude oil, including natural gas.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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