Petroleum Pipelines and Public Policy, 1906-1959 (Harvard Studies in Business History)

This book is the first scholarly treatment of petroleum pipelines in which the author has had access to company records. Tracing the evolution of the pipeline sector of the oil industry from the year federal regulation was imposed down to recent times, Arthur Johnson analyzes the impact of public policy on this sector and evaluates the charges of anticompetitive behavior that have been brought against pipeline management over the years. He finds overall that the inclusion of pipelining in integrated oil operations was economically sound and that the abuses of power attributed to integrated companies have often been highly exaggerated. FOREWORD PREFACE CONTENTS TABLES MAPS ILLUSTRATIONS ABBREVIATIONS PART I Pipelining and Public Policy in Transition, 1900-1917 CHAPTER 1 CRUDE-OIL PIPELINES IN AN EXPANDING INDUSTRY CHAPTER 2 THE PIPELINE AMENDMENT TO THE HEPBURN ACT CHAPTER 3 NEW FIELDS, NEW COMPANIES, AND OLD PIPELINE PRACTICES CHAPTER 4 ANTITRUST POLICY AND STANDARD OIL PIPELINES CHAPTER 5 MANAGERIAL RESPONSE TO THE HEPBURN ACT CHAPTER 6 THE IMPACT OF PUBLIC POLICY ON STANDARD PIPELINES CHAPTER 7 STATE REGULATION IN THE SOUTHWEST PART II Integration, Investigation, and Regulation, 1915-1931 CHAPTER 8 THE ROLE OF PIPELINES IN INTEGRATED OIL OPERATIONS CHAPTER 9 ADAPTATION TO DISSOLUTION: THREE FORMER STANDARD PIPELINE COMPANIES CHAPTER 10 FEDERAL INVESTIGATIONS CHAPTER 11 STATE AND FEDERAL REGULATION PART III The Challenge of Accelerating Change, 1931-1941 CHAPTER 12 THE CHANGING ENVIRONMENT OF MANAGERIAL DECISION-MAKING CHAPTER 13 MANAGERIAL ADAPTATION TO CHANGE: CRUDE-OIL PIPELINES CHAPTER 14 INNOVATION AND ITS REPERCUSSIONS: GASOLINE PIPELINES CHAPTER 15 THE REVIVAL OF ANTITRUST INTEREST IN INTEGRATED OIL OPERATIONS CHAPTER 16 ANTITRUST CONFLICT AND COMPROMISE CHAPTER 16 ANTITRUST CONFLICT AND COMPROMISE CHAPTER 17 PIPELINES IN THE WAR EFFORT CHAPTER 18 PIPELINE MANAGEMENT PROBLEMS PART V The Transformation of Pipelining, 1946-1959 CHAPTER 19 POSTWAR PIPELINE EXPANSION: THE FIRST ROUND CHAPTER 20 POSTWAR PIPELINE EXPANSION: THE SECOND ROUND PART VI The Public Policy Parameter, 1941-1959 CHAPTER 21 THE ICC AND PETROLEUM PIPELINES CHAPTER 22 THE PUBLIC POLICY PROCESS AND PIPELINE MANAGEMENT: KEY ISSUES CHAPTER 23 THE CONTINUING ATTACK ON INTEGRATED OPERATIONS CHAPTER 24 FROM CONGRESSIONAL INVESTIGATION TO JUDICIAL DECISION PART VII Conclusions CHAPTER 25 PIPELINING IN PERSPECTIVE APPENDIX A Principal large-diameter crude-oil pipelines constructed in the United States, 1946-1958 APPENDIX Β Principal products pipelines constructed in the United States, 1946-1958 BIBLIOGRAPHY NOTES INDEX