Re-posting:
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;
Where we stand today:
Friday, April 9, 2021, day 0:
- US Army Corps of Engineers won't shut it down; will let judge decide
- Judge: thumbs down; kill it;
Saturday, April 10, 2021, day 1:
- Judge: thumbs up; let it flow;
Sunday, April 11, 2021, day 2:
- Judge: thumbs down; kill it;
Monday, April 12, 2021, day 3:
- Judge: thumbs up; let it flow;
Tuesday, April 13, 2021, day 4:
- Judge: thumbs down; kill it;
Wednesday, April 14, 2021, day 5:
- Judge: thumbs up; let it flow;
Thursday, April 15, 2021, day 6:
- Judge: thumbs down; kill it;
Friday, April 16, 2021, day 7:
- Judge: thumbs up; let it flow;
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