Advances in exploration and production have helped to locate and recover a supply of oil and natural gas from major reserves across the globe. At the same time, demand for petroleum-based products has grown in every corner of the world. But supply and demand are rarely concentrated in the same place. Transportation therefore is vital to ensuring the reliable and affordable flow of petroleum we all count on to fuel our cars, heat our homes and improve the quality of our lives.
Tankers and pipelines are proven, efficient and economical means of connecting petroleum supply and demand. Supply-end pipelines carry crude oil from well to a loading terminal at a port. Tankers then carry the crude oil directly to demand-side pipelines that connect to the refineries that convert the raw material into useful products.
Today's cutting-edge tankers are the product of a commitment to safety combined with the power of computer-assisted design. As a result, the new ships traveling the seas are stronger, more maneuverable, and more durable than their predecessors.
The nation's 170,000 miles of petroleum transmission pipelines are the primary means of moving crude oil, gasoline, diesel fuel and other petroleum products to consumer markets. Pipelines are safe, efficient and, because most are buried, largely unseen.
The Pipeline Performance Tracking System, PPTS, is a key component of the oil pipeline industry's Environmental and Safety Initiative, a multi-discipline approach to understanding and improving industry performance.