U.S. pipelines experience another tight year, reflect merger frenzy

08/23/1999
Federally regulated oil and gas pipelines, which comprise most of the systems moving hydrocarbons in the U.S., suffered another lean year in 1998, according to annual reports filed through mid-1999 with the U.S. Federal Energy Regulatory Commission (Fig. 1; Table 3). Among the most active in recent natural gas pipeline construction, TransCanada Pipelines, Ltd., Cakgary, has been sively expanding its system to move more gas from the Western Canadian Sedimentary Basin into the U.S. Construction on the U.S. Eastern Seaboard has also picked up in recent years in response to gas-production start-up offshore Nova Scotia.Click here to enlarge imageAnd prospects for future profitability-or lack ...
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