# Oil and product pipelines and Refining and reforming

Energy flows from oil and product pipelines to refining and reforming; energy flows from refining and reforming to oil and product pipelines; their prices have moved together.

Source page: https://www.materialinsights.org/links/oil-and-product-pipelines-and-refining-and-reforming/

[Oil and product pipelines](https://www.materialinsights.org/energy/e_oil_pipelines/) (energy) and [Refining and reforming](https://www.materialinsights.org/energy/e_refining/) (energy): 3 relationships.

## How they are linked

### 1. Energy flow

*Physical flow · 57% of flow · Oil and product pipelines → Refining and reforming*

Crude pipelines deliver feedstock to refineries.

- **57%** of Oil and product pipelines's energy goes this way

### 2. Energy flow

*Physical flow · Direct · Refining and reforming → Oil and product pipelines*

Product pipelines carry refined fuels to depots.

### 3. Price link: customer

*Cost and price · Weak · Both ways*

Refineries are the main destination for crude pipelines and the source for product lines. A refinery closure or expansion changes pipeline volumes for decades, but monthly prices are unrelated, correlating at 0.01.

- **0.01** monthly change correlation
- **0.06** 12-month change correlation
- **0.17** fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.