Supply Chain Optimization

What If You Invested $ 1 billion In Transportation Assets…And Nobody Wanted Them?

by Tom Moore on Sep 28, 2020 8:00:00 PM

 

That is what is happening now to some oil pipelines. Two years ago, getting oil out of the Permian Basin was hard…there wasn’t enough pipeline capacity. Now, there is more capacity than needed.  Here is what is causing this:
  • Lower oil volumes
  • New, expensive pipeline construction 
  • Pipeline conversions from gas to oil
The result is that transportation rates for oil are declining. 
 
Now a commercial message from our sponsor:  See this 2-minute movie to learn how you can put the “Management”  into Warehouse and Yard Management Systems. 
 
Meanwhile, oil maintains a steady price hovering around $40 per barrel!
 
For a wealth of additional resources and insights, explore our website at https://provisionai.com/ and connect with us on our social media channels for the latest updates and information!
 
Topics: Supply Chain Load Building Optimization SaaS

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