What are the advantages and disadvantages of transporting product via pipeline? Research the web and supply the name, website, and the basic mission statement for three (3) companies that are involved in the pipeline industry. Compare the three companies to each other based on this information.
Advantages:
Disadvantages:
TransCanada: https://www.tcenergy.com/
Kinder Morgan: https://www.kindermorgan.com/
Enbridge: https://www.enbridge.com/
Comparison of the Three Companies
Company | Focus | Size and Scope | Geographical Presence |
---|---|---|---|
TransCanada | Natural gas and crude oil | Large, multinational corporation | Canada, the United States, and Mexico |
Kinder Morgan | Energy infrastructure | Large, diversified company | United States and Canada |
Enbridge | Energy transportation | Large, multinational corporation | Canada, the United States, and other countries |
While all three companies are involved in the pipeline industry, they have slightly different focuses, sizes, and geographical presences. TransCanada and Kinder Morgan are both large, North American-focused companies with a strong presence in the natural gas and crude oil sectors. Enbridge is also a large multinational company, but it has a more diversified portfolio of energy transportation assets.