Crude Petroleum Pipelines Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 1/23/2017
SIC Codes: 4612
NAICS Codes: 4861
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
View Full Sample Add To Cart

Excerpt from Crude Petroleum Pipelines Industry Profile

Companies in this industry transport crude oil via pipelines. Major US companies include Energy Transfer Partners, SemGroup, Genesis, and Plains All American Pipeline (based in the US); as well as Enbridge and Gibson Energy, (based in Canada); Transneft (Russia); Saudi Aramco (Saudi Arabia); and China National Petroleum Corporation (China).

Crude oil pipeline networks continue to expand worldwide. For example, China is investing in extensive pipeline improvements and expansions domestically. However, expansions in Canada have the largest impact on the US. As development of unconventional energy resources in Canada grows, pipeline infrastructure between the US and Canada is expected to grow. The controversial Keystone XL pipeline from Canada to the US Gulf Coast refineries is one example of potential expansion.

The US crude petroleum pipelines industry includes about 45 companies with annual revenue of about $7 billion.

Transportation of both crude and refined petroleum and natural gas is covered in the Oil & Gas Transportation & Storage profile. Recovery of crude oil from wells is covered in the Oil & Gas Exploration & Production industry profile. Refining of crude oil is covered in the Petroleum Refining profile.

COMPETITIVE LANDSCAPE

Demand is driven by economic activity and population growth, which drive energy use. The profitability of pipeline transporters depends largely on the volume and efficiency of their operations. Companies that operate multiple pipeline networks may enjoy economies of scale in purchasing. The US ...

 
View Full Sample Add To Cart Return to the Industry Profile Menu

Related Profiles

Here are a few profiles related to Crude Petroleum Pipelines that you also might be interested in viewing:

Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

Learn More About Subscription Options