Crude Oil Price Drop: Pipelines Still Competitive Against Barge and Rail, Industry Optimistic
SUGAR LAND--February 2, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--While initial fears of the crude oil price drop included mass project cancellations, that has not proved to be the case for the Oil & Gas Midstream Industry. Specifically, pipeline projects, by and large, are scheduled to move forward on time, with few cancellations and some delays.
Within this article: Information on the viability of pipeline projects, despite the drop in crude oil prices, including key projects from leading companies like TransCanada Corporation (NYSE:TRP).