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Wednesday, January 22, 2014

Koch Ends Plans For 250,000 BOPD Pipeline From The Bakken To Illinois; No Explanation Given; Keystone XL 2.0 South Should Be Flowing

Bloomberg is reporting that Koch kills the Dakota Express:
Koch Pipeline Co. called off plans to build a 250,000-barrel-a-day crude line to Illinois from North Dakota’s Bakken formation, where a shale boom has helped lift domestic production to the highest in a quarter-century.
The indirect subsidiary of Koch Industries Inc., one of the largest private companies in the U.S., is no longer developing the so-called Dakota Express pipeline, Jake Reint, a Koch spokesman, said by e-mail yesterday. He didn’t provide a reason for the decision. The Wichita, Kansas-based company was scheduled to begin a 45-day open season to gauge interest from potential shippers on the line in July.
The Dallas News is reporting that the Keystone XL South 2.0 should be flowing:
Last week, opponents of the pipeline conceded there was little they could do to stop TransCanada from flipping the switch. After a meeting with federal authorities earlier this month yielded nothing, environmentalists and landowners sent a letter to Attorney General Greg Abbott requesting that he intervene.
“Absent that, we’re running out of tricks,” said Tom “Smitty” Smith, who heads the advocacy group Public Citizen Texas.
And that about sums it up: tricks

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