Petroleum Liquids Pipelines Continue To Increase Transported Volumes

摘要

Pipelines are continuing to boost their share of the hydrocarbon liquids transportation market, according to the latest annual report released by The Association of Oil Pipe Lines (AOPL). The association said in Report on Shifts in Petroleum Transportation-January 2011 it saw a continuing trend of shifts to pipelines in petroleum transportation over the period 1990-2008. Overall liquid volumes transported increased 5.3% from 2007 to 2008. According to Andy Black, AOPL president and CEO, "The most recent data confirms pipelines continue to increase their share of the U.S. petroleum transportation market." He added, "Pipelines accounted for 71% of all petroleum transportation in 2008, up from 66.8% in 2007 and 54% in 1990. Shippers recognize that pipelines are the most efficient, reliable, and safe method of transporting liquid fuels. The liquid pipeline industry invests in capacity expansions and upgrades of existing lines as new supply resources develop and consumer demand shifts."