Oil Pipeline Transportation in the US - Industry Market Research Report

Oil Pipeline Transportation in the US - Industry Market Research Report

  • July 2017
  • 37 pages
  • Report ID: 243202
Heavy flow: Rising oil production in the United States and Canada will boost industry revenue

Abstract
Oil Pipeline Transportation in the US

The Oil Pipeline Transportation industry grew 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 increased the number of profitable oil reserves across North America. . As production increased, oil and gas companies 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. Over the coming years, crude oil production will continue to rise, and pipeline investments will drive industry growth. Profitability will moderate as purchase costs rise due to the recovering prices of inputs like crude oil and construction materials like steel.

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.

MAJOR COMPANIES
- Enbridge Energy Partners LP
- Enterprise Products Partners LP
- Plains All American Pipeline LP
- TransCanada Corporation
- Sunoco Logistics Partners LP
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Country=UnitedStates Industry=Oil ParentIndustry=OilAndGas Date=201707 Topic=MarketReport Publisher=Ibisworld Price=1000