SOURCE: Industrial Info Resources
SUGAR LAND, TX--(Marketwire - Feb 27, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- North American pipeline companies are capitalizing on the simpler and less work-intensive nature of pipeline conversions as existing pipe infrastructure is increasingly converted to ship different products, depending on the market conditions of the day, rather than building new. Most notably, today's pipeline conversions focus on converting former natural gas pipelines to crude oil, in order to ship that crude to the refining hub of the Gulf Coast. There are two common threads among the major conversion projects that are taking place: they provide improved access to crude oil stores that would otherwise be under-accessible, and they have a tendency to avoid the crude oil hub at Cushing, Oklahoma.
Other companies featured: Kinder Morgan Incorporated (NYSE:KMI), Energy Transfer Partners (NYSE:ETP), NuStar Energy LP (NYSE:NS), Phillips 66 (NYSE:PSX), Spectra Energy Corporation (NYSE:SE)
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