America Needs More Pipelines

July 20, 2017

The domestic energy production landscape has changed markedly in recent years. America surpassed Russia to become the world's top producer of natural gas in 2009. The Environmental Information Agency recently announced that U.S. exports of crude oil and petroleum products have more than doubled since 2010. Despite such increases in domestic production, the development of transportation energy infrastructure has not kept pace. Oil and gas need to travel from the wellhead to their final destination, whether that is storage or processing plant, or customers at the end of the chain.

A more robust pipeline infrastructure would make transportation of oil, natural gas and their products more efficient by reducing transportation costs and offering a more reliable mode of transportation. A well-developed energy transportation network would also reduce regional price differences.

One concern with pipeline projects is safety, specifically the rate of incidents, accidents and casualties. These concerns are part of the reason that increases in pipeline capacity have fallen behind growing energy production.

Read more on U.S. News & World Report...

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