US pipeline operators sink revenue growth into expansion

US pipeline operators used rising revenues to grow their systems and expanded plans for future growth. Oil pipeline operators' revenues surged in 2012, allowing carriers to aggressively expand their property while at the same time pocketing record profits. Natural gas pipeline operators, meanwhile, saw net income slide despite increased revenue, but greatly increased their construction plans. The growth in planned construction reversed a 3-year trend in which planned mileage contracted each year and reflects the renewed confidence in the domestic US oil and gas sector. The resulting increased demand for the resources necessary to build pipelines, however, caused construction costs to incr...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected