ND regulators approve route for oil pipeline that will be biggest from Bakken

InForum ^ | Jan 20, 2016 | Mike Nowatzki

[thackney]

http://www.daplpipelinefacts.com/

The Dakota Access Pipeline Project is a new approximate 1,134-mile, 30-inch diameter pipeline that will connect the rapidly expanding Bakken and Three Forks production areas in North Dakota to Patoka, Illinois.

It will transport approximately 450,000 barrels per day with a capacity as high as 570,000 barrels per day or more – which could represent approximately half of Bakken current daily crude oil production. Shippers will be able to access multiple markets, including Midwest and East Coast markets as well as the Gulf Coast via the Nederland, Texas crude oil terminal facility of Sunoco Logistics Partners.

[thackney]

Maps to specific location in counties.

http://www.daplpipelinefacts.com/resources/project-maps.html

[Moonman62]

So this gets approved but Keystone doesn’t. There must be more to Keystone than what is being told.

[Cletus.D.Yokel]

SO, is Patoka, IL a refinery, tank-farm or an interconnect hub?

If a hub, where does the crude go from there (along existing lines)?

[thackney]

The Keystone XL pipeline crosses the US border and requires approval from the State Department. It would move mostly oil from Canada.

[thackney]

http://www.pipeline101.com/where-are-pipelines-located

Fairly significant interconnect point. I’m sure there are multiple regional tank-farms due to that.

Much more detail available at:

http://www.eia.gov/state/maps.cfm?v=Petroleum

Refineries connected by pipeline East, West and to farther away locations.

[thackney]

Found a map with Refinery capacities listed, reasonably up to date.

[central_va]

Unrelated but do you know why I am paying $0.45 more per gallon for 93 octane? That is a pretty big spread historically, usually it is much smaller difference may 15-20 cents.

[thackney]

Increased demand.

Premium gasoline remains a small volume of the overall US gasoline market. Sales through the first five months of the year, the most recent period available, were 10.8pc of total US gasoline supplied, according to the Energy Information Administration (EIA). Demand for premium gasoline remains well below highs seen in the early 2000s.

But premium gasoline demand through that period was 12.2pc higher than the same months of 2014 and 14.5pc higher than the ten-year average for the period, according to the EIA. Regular gasoline demand, by comparison, was 3.2pc higher than year-ago volumes and just 0.2pc more than the ten-year average.

http://www.argusmedia.com/pages/NewsBody.aspx?id=1080960&menu=yes

Which surprises me. I would expect more people to quit accepting vehicles that require more expensive fuel without greater mpg.

[vette6387]

“There must be more to Keystone than what is being told.”

There is, his name is Warren Buffett. Ole Warren owns the railroad that currently hauls the oil that would run in the Keystone Pipeline. Warren is a capitalistic communist!

[thackney]

Actually, Buffettt’s BNSF Railway Company has far more competition with this pipeline, the Dakota Access, than the Keystone XL.

https://www.bnsf.com/customers/oil-gas/interactive-map/pdfs/BNSF-OG-Overview-Map.pdf

http://www.bnsf.com/customers/oil-gas/

[Moonman62]

I’m thinking that American oil drillers would be opposed to it.

[thackney]

Why would drillers be opposed to more take away capacity in North Dakota? It has been under a pipeline bottleneck for year.

Because of that, they get fewer dollars for their oil. This will help, not hurt the oil producers.

[SVTCobra03]

I would expect more people to quit accepting vehicles that require more expensive fuel without greater mpg.

If you love to drive cars like the Shelby GT500, Camaro ZL1 or Challenger Hellcat, then the price of fuel is irrelevant.

[Moonman62]

My statement was concerning Keystone.

[thackney]

And that was my point.

Warren Buffet's railroad is not in Canada, where most of the Keystone XL pipeline brings in its oil. The Keystone XL doesn't even enter North Dakota.

This pipeline, Dakota Access, directly competes with BNSF rail loading of oil in North Dakota.

[EternalVigilance]

It will go through my county, maybe eight miles or so from my house.

[albertabound]

y’think..possibly big campaign contributions to Obie from the oil companies with substantial mid-east holdings that would lose market share to Cdn. oil...

[PAR35]

Keystone was to cross an international border, giving Obama additional leverage that he doesn’t have for this one. He can still try to stall the CoE approvals.

[doldrumsforgop]

“y’think..possibly big campaign contributions to Obie from the oil companies with substantial mid-east holdings that would lose market share to Cdn. oil...”

Any of those companies you refer to would most likely be state-controlled entities that would have appreciable amounts of ME oil so as to block a Canadian-based oil pipeline.

IN other words, not likely that is happening.