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Linn Energy, LLC (LINE) Message Board

  • rlp2451 rlp2451 Mar 28, 2013 9:03 AM Flag

    OT: Another Bakken Pipeline Bites the Dust

    I wonder if the ND Pipeline folks have adjusted their spreadsheet for this?

    WASHINGTON – Federal regulators have rejected a request by Enbridge Inc. for the go-ahead to move forward with a proposed $2.5 billion oil pipeline expansion in North Dakota.

    The U.S. Federal Energy Regulatory Commission issued the ruling on Friday.

    A key sticking point is Enbridge's bid to set the rate structure that it could charge to transport oil through the pipeline.

    The commission noted that it has not supported Enbridge's proposed rate.

    It also said Enbridge has yet to present an alternative that the commission can approve as fair, reasonable and in the public interest.

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    • nah, you do not wonder since you could have just gone to look at their webpage....right?

      Or if you really wanted to know you could have contacted them....right?

      ND Pipeline Authority
      State Capitol 14th Floor
      600 E. Boulevard Ave. Dept. 405
      Bismarck, ND 58505-0840
      Phone: (701)220-6227

      But,
      if you did check, you would find out that in December the Williston Basin shipped out 843,855 Barrels of oil PER DAY.

      AND,
      in Jan. 2013, 68% of the OIL was shipped out by Railroads.

      AND,

      North Dakota Rig Count: 185 (March 15, 2013 Source: ND Oil & Gas Division)
      Eastern Montana Rig Count: 11 (March 15, 2013 Source: Baker Hughes)
      South Dakota Rig Count: 2 (March 15, 2013 Source: Baker Hughes)

      Oops.
      Maybe you just lost the link to the North Dakota Pipeline Authority again?

 
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