Notes From All Over, Part 3 -- August 23, 2019

Back to CBR: ND pipelines at 90% and production yet to surge. From Reuters: Bakken oil pipeline flows hit six-month high as rail to East Coast drops. Data points:

• follows the closure of the largest US East Coast refinery in June, 2019
• Bakken: said to be the third-largest US shale field
• 40,000 bopd to the East Coast now stoppd
• ND pipelines: 980,000 bopd -- utilizing more than 90% of its takeaway capacity for the first time since February
• up from 874,000 bopd before the refinery closure

DAPL can double its capacity if ND PSC approves. Posted earlier.