Friday, August 23, 2019

Notes From All Over, Part 3 -- August 23, 2019

Back to CBR: ND pipelines at 90% and production yet to surge. From Reuters: Bakken oil pipeline flows hit six-month high as rail to East Coast drops. Data points:
  • follows the closure of the largest US East Coast refinery in June, 2019
  • Bakken: said to be the third-largest US shale field
  • 40,000 bopd to the East Coast now stoppd
  • ND pipelines: 980,000 bopd -- utilizing more than 90% of its takeaway capacity for the first time since February
  • up from 874,000 bopd before the refinery closure
DAPL can double its capacity if ND PSC approves. Posted earlier.

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