Transportation: Ownership by Minority, Female, and Disadvantaged Firms in the Pipeline Industry

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By Susan A. Fleming (au)
Year: 2012
Pages: 16
Binding Paperback
ISBN 978-1-4578-3742-5

Product Code: 1457837420

Description

The U.S. pipeline industry is large and dynamic. In 2007, the most recent year for which industry-wide data are available, approx. 2,500 firms operated and constructed natural gas and hazardous liquid pipelines in the U.S. These firms generated almost $200 billion in receipts and employed approx. 275,000 workers. There are currently more than 2.5 million miles of pipeline across the country, and recent shale oil and gas exploration has spurred construction of new pipeline infrastructure, as some firms take advantage of improved drilling technologies to access large volumes of oil and gas found in fine-grain sedimentary rocks. The Pipeline Safety, Regulatory Certainty, and Job Creation Act of 2011 mandated an assessment -- based on available information -- of the levels and types of participation of minority-owned, woman-owned, and disadvantaged firms in the construction and operation of pipeline facilities in the U.S. Accordingly, this report presents available data on (1) the representation of these firms in the pipeline industry and (2) federal funding obligated to firms in these categories. Figures. This is a print on demand report.

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