Explain the ownership patterns of the pipelines
In general the oil companies own the pipelines. The oil companies have seen ownership of pipelines as a way to control markets and exert dominance. Individual oil companies own the largest share of pipeline. This is followed by pipelines owned by joint ventures. The remain, small percentage of pipelines, is own by Railroads, independent oil companies, and other industrial companies.
During WW II the federal government briefly entered the pipeline business when it developed two pipelines to bring crude oil and oil products from the oil fields of the Southwest to the Northeast to ensure an uninterrupted flow of oil. After the war these two pipelines, known as the Big Inch and the Little Inch, were sold to private companies after the war.
In some cases pipelines are joint ventures among two or more companies. This makes sense due to the high capital investment necessary for large-diameter pipelines.
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a. approved by your superior b. filed with the state c. considered a legal document d. clean and readable
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Which choice below best describes the counterseasonal product demand option?
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Indicate whether the statement is true or false