The Enbridge pipeline company plans to ask North Dakota regulators for permission to build new facilities to load oil into railroad tanker cars.
North Dakota's Public Service Commission agreed Wednesday to allow Enbridge to apply for a pipeline construction permit within 10 days.
Enbridge wants to install new pipe and storage tanks at its loading terminal near Berthold that will be used to load oil into railroad tankers. It plans to buy or lease 320 acres of land for the project.
Shipping some oil by railroad tank cars gives Enbridge more flexibility.
I'm sure the Enbridge folks read the same corporate presentations I do. When one sees the amount of takeaway capacity for North Dakota oil by the end of 2014, and Enbridge still wants to increase its capacity, it tells me that the oil patch in western North Dakota may be bigger than what we have imagined so far.
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