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Sunday, October 16, 2011

Takeaway Capacity in the Bakken? Easily Meets Demand, Sources -- Hey, Not So Fast -- The Bakken, North Dakota, USA

Link here.
TransCanada Corp. has restarted its Keystone oil pipeline to the U.S. Midwest from Canada after a day-long shutdown it blamed on a backlog of crude supplies within Alberta, the company said on Friday.

TransCanada said it shut the 591,000 barrel a day capacity pipeline, which extends to southern Illinois and the Cushing, Oklahoma, storage hub, on Thursday due to a glut of inventory at rival Enbridge Inc's Superior, Wisconsin, storage facility, which has slowed its system.
I can only assume some of the Enbridge oil was Bakken oil, but I could be wrong. Regardless, the story suggests something about the pipeline capacity in North America.

Or maybe it is something entirely else: TransCanada is still promoting Keystone XL. Enbridge didn't note any problems or changes in scheduled deliveries.

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