Crude-Oil Pipelines Recapture Lost Market Share in Williston Basin
Crude-Oil Pipelines Recapture Lost Market Share in Williston Basin
Attachment: Bakken Oil Prices, Bakken Outbound Transport, Bakken Transport Capacity, North Dakota Crude-Oil Production
SUGAR LAND--July 7, 2015--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Crude-oil pipelines have significantly increased their share of the crude-oil outbound transportation market in the Williston Basin, reversing several years where pipelines lost market share to railroads. The market share fight has become more intense in recent months, as both pipelines and railroads complete previously announced projects and plan new ones.
Within this article: Details on the highly competitive pipeline market, including major projects from companies such as Kinder Morgan Incorporated (NYSE:KMD), Tallgrass Energy Partners LP (NYSE:TEP), Enbridge Incorporated (NYSE:ENB), Plains All-American Pipeline LP (NYSE:PPA) and MDU Resources Group Incorporated (NYSE:MDU).
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