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The U.S. Continues Laying Large Amounts of Pipe, Natural Gas, Crude Grow Fastest
Feb. 22, 2013 11:05AM PST
Resource InvestingThe Financial Post reported that, although the Keystone XL pipeline plans have ground to a halt, there continues to be robust activity in North America when it comes to laying pipeline for oil and gas.
The Financial Post reported that, although the Keystone XL pipeline plans have ground to a halt, there continues to be robust activity in North America when it comes to laying pipeline for oil and gas.
As quoted in the market report:
Of the rest, the networks for gathering and transporting crude oil and natural gas liquids have been growing fastest. Pipelines for gathering and transporting crude have increased by more than 6,000 miles (12%) and pipelines for transporting highly volatile liquids (HVLs) like propane have grown by 6,800 miles (13%).