The Oil-and-Gas Pipeline Boom Is Waning

http://insideclimatenews.org/todaysnews/10092015/oil-and-gas-pipeline-boom-waning

(Wall Street Journal (sub. req’d))In the wake of a 50 percent drop in the price of crude and dropping U.S. oil production, the need for new energy pipelines is on the decline. “It’s hard for us to paint a scenario where, at least for the foreseeable future, any additional long-haul pipelines are needed,” said Michael Mears, chief executive of distribution operator Magellan Midstream Partners LP. Read original story

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