This is a limited partnership in the pipelines that transport crude to the refineries and storage cross country. Just as tankers are the most efficient and least expensive way to transport large quantities of crude across the oceans ... the pipelines are all that on land. The pipelines are paid on the quantities of crude flowing thru their lines ... not the price of the crude in the pipes. Pipelines pay a really good dividend.
This is a limited partnership in the pipelines that transport crude to the refineries and storage cross country. Just as tankers are the most efficient and least expensive way to transport large quantities of crude across the oceans ... the pipelines are all that on land. The pipelines are paid on the quantities of crude flowing thru their lines ... not the price of the crude in the pipes. Pipelines pay a really good dividend.
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