If DAPL shutdown were to occur:
- CLR says it would not be affected; doesn't ship on the DAPL;
- CLR says it would affect Bakken light sweet by $1 - $2 / bbl:
- operators shipping on the DAPL have contingency plans ready to go, posted yesterday; some operators are already booking CBT (crude by truck) -- a third-world option.
- CBR: wow -- again -- CLR says a DAPL shutdown would impact Bakken oil by $1 - $2 / bbl
For me, shutting down the DAPL will be a "psychological / emotional" phenomenon more than anything else.
Most interesting to me:
- DAPL is getting more press than the situation regarding Brent.
- Brent: trending toward production less than amount of oil that would be carried by DAPL + DAPL expansion.
CBR: look at that capacity. Blows me away.
- look at all the jobs a DAPL shutdown would provide
- reminder: BNSF generates 25% of all Warren Buffett's Berkshire Hathaway's revenue
- I assume there are CBR options for Enbridge pipelines at risk running between Canada and the US;
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.