March 2017, Vol. 244, No. 3

General

Where America's Pipeline Industry Currently Stands

Just about every year I have the pleasure of discussing the state of industry with the Houston Pipeliners Association. In case you’re interested, here’s what I said. “With Donald Trump it’s anyone’s guess what can happen next. Barack Obama wasn’t popular with our industry though when he came in 2009 domestic crude production was just 5 MMbpd, we imported 10 MMbpd, and no exports were allowed. Now we produce 9 MMbpd, import 7 MMbpd and export over 600,000 bpd of crude. We’re also exporting natural gas which is a big boost to the industry, economy and environment. New regulations and lags in permitting have led costs to spiral to where many projects are no longer economical. Unlike others, O

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