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Saturday, September 14, 2013

Another Random Thought On North Dakota's New Production Record

Whether or not production continues to increase, the Enbridge and BNSF folks proved that North Dakota has the capacity to ship 850,000 bopd out of the state. Huge. And refiners are buying all of it.

In fact, if production drops a bit, one can assume transportation costs will drop a bit also as CBR competes with pipe.

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