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Oil Pipeline Transportation in the US
IBISWorld, Feb 2012, Pages: 33
Down the tubes: Imports and limited growth in oil production will hamper demand
Oil Pipeline Transportation in the US
Down the tubes
As the need for new pipelines dwindles and oil refineries face growing environmental regulations, this industry's growth prospects will be limited. The expected rise in the volume of oil transported domestically through pipelines will be marginal at best, and not enough to meet rising demand. Refineries will turn to imports to pick up the slack. To stay afloat, firms will invest in pipeline capacity to transport oil from Canada to the United States.
The main business of firms in this industry involves the pipeline transportation of crude oil.
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.
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