The length of oil pipelines in the US has demonstrated a consistent growth trajectory from 2013 to 2023. In 2023, the pipeline length stood at 370.75 thousand kilometers. There has been a steady year-on-year increase, with variations mostly hovering between 1% and 4%. In more recent years, the growth rate has tapered slightly to around 1%. The past five-years’ compound annual growth rate (CAGR) is 1.07%, indicating a moderation compared to earlier periods. Future forecasts suggest that by 2028, the length will reach 388.53 thousand kilometers, with a projected 5-year CAGR of 0.74% and an overall 3.76% growth rate.
Future trends to watch for include advancements in pipeline technologies, regulatory adjustments, and shifts in energy policies toward sustainability. Additionally, increasing demand for energy efficiency and environmental concerns could potentially impact the pace of pipeline expansion and fuel a transition to alternative energy infrastructure.
