EIA Posts Update On Elk Creek Pipeline Project -- February 2, 2018

Is it worth it to the states to have pipelines? From The Bismarck Tribune, October 10, 2017:

The Dakota Access Pipeline has boosted North Dakota’s tax revenues by $19 million in its first three months of operation, according to an analysis by the North Dakota Pipeline Authority.

But I digress.

From Twitter, twelve minutes ago, we've discussed the Elk Creek pipeline project earlier:

Story here.

Route runs nowhere near Standing Rock Indian Reservation in North Dakota and does not enter Nebraska. Whoo-hoo! Even Iowa is out of play. LOL. Even though Iowa is out of play, the green arrows suggest Iowa will gladly accept the energy once it's been produced, transported, processed, and delivered, maybe even subsidized by the state. Oh, no, that's wind energy that's subsidized. My bad. One of my favorite books in kindergarten when growing up in Williston, The Little Red Hen.

See RBN story here.

At the blog, January 5, 2018.

As we see more and more of these stories, we start to see a real buildout of another geographical energy sector in the US. For the first five or six years of the Bakken, it seemed many folks considered exploration and production of Bakken oil from North Dakota as simply a one-off, that it would peak and then slowly become a "backwater" energy play. As more and more infrastructure goes in, more and more production comes on line.

It's fun to read the history of Calgary.