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Printed for the use of the Committee on the Judiciary
U.S. GOVERNMENT PRINTING OFFICE
WASHINGTON : 1978
COMMITTEE ON THE JUDICIARY
JAMES O. EASTLAND, Mississippi, Chairman EDWARD M. KENNEDY, Massachusetts STROM THURMOND, South Carolina BIRCH BAYH, Indiana
CHARLES MCC. MATHIAS, Maryland ROBERT C. BYRD, West Virginia
WILLIAM L. SCOTT, Virginia JAMES ABOUREZK, South Dakota
PAUL LAXALT, Nevada JOSEPH R. BIDEN, JR., Delaware
ORRIN G. HATCH, Utah
MALCOLM WALLOP, Wyoming
FRANCIS C. ROSENBERGER, Chief Counsel and Staff Director
SUBCOMMITTEE ON ANTITRUST AND MONOPOLY
EDWARD M. KENNEDY, Massachusetts, Chairman BIRCH BAYH, Indiana
STROM THURMOND, South Carolina HOWARD M. METZENBAUM, Ohio
CHARLES MCC. MATHIAS, Maryland
PAUL LAXALT, Nevada
THOMAS M. SUSMAN, General Counsel
HENRY BANTA, Counsel
B. Petroleum industry structure-
III. The nature of the oil industry and pipeline transportation.
A. Structure of pipeline systems.
1. Gathering lines and crude pipelines.
3. Technical operation of pipelines.-
3. Vertical integration: the oil industry and pipeline trans-
A. Standard Oil companies as the industry prototype.
B. Economic effects of pipeline control.--
C. Competitive effects of pipeline control.
1. Access and nonowner use of pipelines.
d. Other service requirements..
7. Cost of transportation advantage..
V. Pipeline regulation: In theory and practice---
A. Monopoly characteristics of pipelines and need for regulation.
B. Pipeline regulation and the Hepburn Act---
C. Limited nature of ICC authority over oil pipelines.
D. Early failures to deal with the problem..
E. Pipeline regulation since 1934.---