U.S. INTERSTATE PIPELINES STRENGTHEN IN 1988

This article is a special report on pipeline economics. It shows that operations improved last year for the regulated petroleum pipeline companies in the United States. Data from almost all categories filed with the Federal Energy Regulatory Commission (FERC) showed improvements or almost no change over 1987. Most noticeable was the better than 9% increase from 1987 in net income for all (major and nonmajor) natural-gas transmission companies on operating revenues that rose for the first time since 1983. Underlying this growth was a surge of more than 21% in volume of gas transported for others along with a slight increase in sales. On the construction front, U.S. projects proposed for the 12-month period ending June 30, although off from that for the previous 12-month period, was nevertheless strong with more than 2,400 miles of line proposed, 386 miles of which was targeted for offshore.

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  • Corporate Authors:

    PennWell Publishing Company

    1421 South Sheridan, P.O. Box 1260
    Tulsa, OK  United States  74101
  • Authors:
    • True, W R
  • Publication Date: 1989-11-27

Media Info

  • Features: Figures; Photos; Tables;
  • Pagination: 15 p.
  • Serial:
    • Oil and Gas Journal
    • Volume: 87
    • Issue Number: 48
    • Publisher: PennWell Publishing Company
    • ISSN: 0030-1388

Subject/Index Terms

Filing Info

  • Accession Number: 00490221
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Dec 31 1990 12:00AM