POINT OF VIEW: Pipelines' future depends on industry, government, public cooperation

Changes—in the world and in local, regional, and international energy economics—are affecting the pipeline industry more than ever.Economic realities have led to an ongoing "shake out" of companies and assets. Firms are spending their capital where they will reap the highest return and defining themselves as domestic, regional, or global players. PRCI President George W. Tenley Jr.Click here to enlarge imageTechnology becomes even more important when one examines the new set of pipeline owners now emerging from the financial turmoil of the past year."Many of them have no history of owning or operating pipelines," says George W. Tenley Jr., president of Pipeline Research Counc...

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