Looks Like Iowa Will Keystone The Dakota Access Pipeline -- May 19, 2016

Iowa utilities regulators have declined to act quickly on a request to allow a Texas company to begin construction on an oil pipeline across Iowa. Reporting almost everywhere, but here is the FuelFix link:

Iowa utilities regulators have declined to act quickly on a request to allow a Texas company to begin construction on an oil pipeline across Iowa.

Dakota Access had asked the Iowa Utilities Board to start Tuesday on the 1,150-mile pipeline that will carry a half-million barrels of oil a day from northwest North Dakota across South Dakota, Iowa and into south-central Illinois.

Construction begins this week in the other states and the Dallas-based company says it must start in Iowa now or risk running into winter and another farm planting season.

This essentially gives organizers a full year to gain momentum to keystone the pipeline.  Iowa farmland is worth an incredible amount/acre. Community organizers only have to alarm farmers that the value of their land could plummet if affected by an oil pipeline break.

A half-million bopd? That represents about 50% of current North Dakota production and would be the final nail in the CBR coffin. It doesn't take a rocket scientist to figure out who is watching this development closely.

Other than affecting a few thousand jobs and one company, it will have no material affect on the Bakken or CO2 emissions.