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Oil Pipeline Transportation in the US - Industry Market Research Report

  • August 2016
  • -
  • Ibisworld
  • -
  • 37 pages

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Pipe dream: 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 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.



Related Reports

Oil Drilling & Gas Extraction in the US

Petroleum Refining in the US

Gas Pipeline Transportation in the US

Refined Petroleum Pipeline Transportation in the US



International Reports

Pipeline Transport in Australia

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