Scipediacontent: Scipediacontent moved page Draft Content 738119279 to Kellogg Covert 2019a

2021-01-25T16:47:33Z

Scipediacontent moved page Draft Content 738119279 to Kellogg Covert 2019a

Scipediacontent: Created page with " == Abstract == The U.S. shale boom has profoundly increased crude oil movements by both pipelines–the traditional mode of transportation–and railroads. This paper develo..."

2021-01-25T16:47:30Z

Created page with " == Abstract == The U.S. shale boom has profoundly increased crude oil movements by both pipelines–the traditional mode of transportation–and railroads. This paper develo..."

New page

== Abstract ==

The U.S. shale boom has profoundly increased crude oil movements by both pipelines–the traditional mode of transportation–and railroads. This paper develops a model of how pipeline investment and railroad use are determined in equilibrium, emphasizing how railroads' flexibility allows them to compete with pipelines. We show that policies that address crude-by-rail's environmental externalities by increasing its costs should lead to large increases in pipeline investment and substitution of oil flows from rail to pipe. Similarly, we find that policies enjoining pipeline construction would cause 80-90% of the displaced oil to flow by rail instead.

== Original document ==

The different versions of the original document can be found in:

* [http://dx.doi.org/10.2139/ssrn.3353481 http://dx.doi.org/10.2139/ssrn.3353481]

* [http://dx.doi.org/10.3386/w23855 http://dx.doi.org/10.3386/w23855]

* [https://doi.org/10.3386/w23855 https://doi.org/10.3386/w23855]

* [https://www.nber.org/papers/w23855 https://www.nber.org/papers/w23855],
: [https://www.ssrn.com/abstract=3353481 https://www.ssrn.com/abstract=3353481],
: [http://www.nber.org/papers/w23855.pdf http://www.nber.org/papers/w23855.pdf],
: [https://ideas.repec.org/p/nbr/nberwo/23855.html https://ideas.repec.org/p/nbr/nberwo/23855.html],
: [https://econpapers.repec.org/RePEc:nbr:nberwo:23855 https://econpapers.repec.org/RePEc:nbr:nberwo:23855],
: [https://m.nber.org/papers/w23855 https://m.nber.org/papers/w23855],
: [https://academic.microsoft.com/#/detail/2760500816 https://academic.microsoft.com/#/detail/2760500816]

DOIS: 10.2139/ssrn.3353481 10.3386/w23855

← Older revision	Revision as of 16:47, 25 January 2021
(No difference)

Kellogg Covert 2019a - Revision history

Scipediacontent: Scipediacontent moved page Draft Content 738119279 to Kellogg Covert 2019a

Scipediacontent: Created page with " == Abstract == The U.S. shale boom has profoundly increased crude oil movements by both pipelines–the traditional mode of transportation–and railroads. This paper develo..."