OIL PIPELINE MARKETS AND OPERATIONS
2017
Hull, Bradley
Despite a considerable literature regarding other modes of transportation, little is writtenabout oil pipelines. This is remarkable since oil pipelines move 17% of all intercity tonmiles, but also understandable since they have a low public profile and with near totalautomation, have few employees. This article attempts to bridge the gap by comparingpipeline operations and those of the other modes, showing striking similarities along witha few significant differences. It also portrays pipeline markets and their changing trends.In recent years, they have served an industry that is experiencing rapidly shiftinggeographical markets, proliferation of new products, and outsourcing of transportation byshippers. The pipeline industry has responded to these challenges with increasedcompetitive entry, numerous capital construction projects, and a high reliance ontechnology. These issues, along with the regulatory constraints and responses areportrayed.
Show more [+] Less [-]Bibliographic information
This bibliographic record has been provided by University of Minnesota