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To: railroader
Bakken production far exceeds any proposed future pipeline capacity to Texas, Oklahoma and Louisiana

Bakken Oil production has reached 682,393 BPD.

https://www.dmr.nd.gov/oilgas/stats/historicalbakkenoilstats.pdf

The completed Keystone XL by Transcanada would add 510,000 BPD.

Bakken Crude Express Pipeline by ONEOK Partners will add 200,000 BPD.

Steelman pipeline project by Enbridge will carry 145,000 BPD.

Other pipelines are in various planning stages as well.

http://seekingalpha.com/article/797881-investment-potential-in-bakken-pipeline-takeaway-infrastructure

13 posted on 01/09/2013 10:09:31 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney
The completed Keystone XL by Transcanada would add 510,000 BPD.

Trans Canada's Keystone XL Pipeline is designed to transport crude oil from Alberta, not North Dakota, to the Gulf Coast.

In addition, Bakken formation production may peak at 1 million BPD then decline steadily after that. The huge investment in pipelines may prove unnecessary, especially since a large portion of that production will go to northeastern US refineries.

16 posted on 01/09/2013 10:24:42 AM PST by railroader
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