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I can imagine many US oil companies don't want to have a Canadian pipeline...
Oh hell, I was wondering when some conservative with short-term memory loss would act like obstructing congress was just terribly wrong and uncalled for. If you ever wanted to see just how totally Big Oil bucks have bought the Republicans all you have to do is look at this shit.
So you are suggesting that tar sands oil of Western Canada is going to be mixed with North Dakota crude?I can imagine many US oil companies don't want to have a Canadian pipeline...
Wrong. The Keystone services domestic producers. The XL which is just a secondary northern leg would pick up crude from the Bakkens in Montana and North Dakota.
So you are suggesting that tar sands oil of Western Canada is going to be mixed with North Dakota crude?I can imagine many US oil companies don't want to have a Canadian pipeline...
Wrong. The Keystone services domestic producers. The XL which is just a secondary northern leg would pick up crude from the Bakkens in Montana and North Dakota.
k...So you are suggesting that tar sands oil of Western Canada is going to be mixed with North Dakota crude?I can imagine many US oil companies don't want to have a Canadian pipeline...
Wrong. The Keystone services domestic producers. The XL which is just a secondary northern leg would pick up crude from the Bakkens in Montana and North Dakota.
Of course they don't mix it.
yeah, the pipeline can hire all the laid off oil hands...The pipeline will pass. The democrats are just busy making out their list of what they want in return. Meanwhile 43,000 American jobs will collect dust in the wings. $3 billion in American worker's pockets being held hostage by democrats. I hope voters remember in 2016 -working class voters.
O
k...So you are suggesting that tar sands oil of Western Canada is going to be mixed with North Dakota crude?I can imagine many US oil companies don't want to have a Canadian pipeline...
Wrong. The Keystone services domestic producers. The XL which is just a secondary northern leg would pick up crude from the Bakkens in Montana and North Dakota.
Of course they don't mix it.
12% ain't much...So that would make it 88% Canadian....O
k...So you are suggesting that tar sands oil of Western Canada is going to be mixed with North Dakota crude?I can imagine many US oil companies don't want to have a Canadian pipeline...
Wrong. The Keystone services domestic producers. The XL which is just a secondary northern leg would pick up crude from the Bakkens in Montana and North Dakota.
Of course they don't mix it.
Here. Right from a Congressional study. Hope this helps.
Marketlink for Bakken Oil Production
The Bakken Formation is a large unconventional petroleum and natural gas resource underlying parts of North Dakota, Montana, and the Canadian provinces of Saskatchewan and Manitoba.
Although the region has been producing since 1951, it is only since 2006 that prices and technology have made it economic for industry to increase production. In March 2012, Bakken production exceeded 500,000 bpd the first time.
However, production has been increasing steadily, with average daily output in August 2013 exceeding 900,000 bpd.
To date, infrastructure to transport oil produced from the Bakken Formation has not kept up with the
Keystone XL Pipeline Project: Key Issues
Congressional Research Service increased production. Bakken crude oil is transported to refineries by rail and truck, in addition to
more economical transport by pipeline.
As stated earlier, the proposed Keystone XL Project would include a lateral pipeline, the Bakken Marketlink, to provide crude oil transportation service from Baker, MT, to Cushing, OK, via the
proposed Keystone XL Pipeline and from Cushing to Texas via the proposed Gulf Coast Pipeline.
Keystone Marketlink estimates that the project will cost $140 million and have the ability to deliver approximately 100,000 bpd of crude oil to the proposed Keystone XL Pipeline.
Thus, of the Keystone Pipeline’s 830,000 bpd ultimate capacity, up to 12% has been set aside to transport Bakken crude oil. Keystone Marketlink currently has firm, long-term contracts to
transport 65,000 bpd of the 100,000 bpd
More at the link:
http://fas.org/sgp/crs/misc/R41668.pdf
yeah, the pipeline can hire all the laid off oil hands...The pipeline will pass. The democrats are just busy making out their list of what they want in return. Meanwhile 43,000 American jobs will collect dust in the wings. $3 billion in American worker's pockets being held hostage by democrats. I hope voters remember in 2016 -working class voters.
12% ain't much...O
k...So you are suggesting that tar sands oil of Western Canada is going to be mixed with North Dakota crude?Wrong. The Keystone services domestic producers. The XL which is just a secondary northern leg would pick up crude from the Bakkens in Montana and North Dakota.
Of course they don't mix it.
Here. Right from a Congressional study. Hope this helps.
Marketlink for Bakken Oil Production
The Bakken Formation is a large unconventional petroleum and natural gas resource underlying parts of North Dakota, Montana, and the Canadian provinces of Saskatchewan and Manitoba.
Although the region has been producing since 1951, it is only since 2006 that prices and technology have made it economic for industry to increase production. In March 2012, Bakken production exceeded 500,000 bpd the first time.
However, production has been increasing steadily, with average daily output in August 2013 exceeding 900,000 bpd.
To date, infrastructure to transport oil produced from the Bakken Formation has not kept up with the
Keystone XL Pipeline Project: Key Issues
Congressional Research Service increased production. Bakken crude oil is transported to refineries by rail and truck, in addition to
more economical transport by pipeline.
As stated earlier, the proposed Keystone XL Project would include a lateral pipeline, the Bakken Marketlink, to provide crude oil transportation service from Baker, MT, to Cushing, OK, via the
proposed Keystone XL Pipeline and from Cushing to Texas via the proposed Gulf Coast Pipeline.
Keystone Marketlink estimates that the project will cost $140 million and have the ability to deliver approximately 100,000 bpd of crude oil to the proposed Keystone XL Pipeline.
Thus, of the Keystone Pipeline’s 830,000 bpd ultimate capacity, up to 12% has been set aside to transport Bakken crude oil. Keystone Marketlink currently has firm, long-term contracts to
transport 65,000 bpd of the 100,000 bpd
More at the link:
http://fas.org/sgp/crs/misc/R41668.pdf
They should also build a refinery in South Dakota...12% ain't much...O
k...So you are suggesting that tar sands oil of Western Canada is going to be mixed with North Dakota crude?
Of course they don't mix it.
Here. Right from a Congressional study. Hope this helps.
Marketlink for Bakken Oil Production
The Bakken Formation is a large unconventional petroleum and natural gas resource underlying parts of North Dakota, Montana, and the Canadian provinces of Saskatchewan and Manitoba.
Although the region has been producing since 1951, it is only since 2006 that prices and technology have made it economic for industry to increase production. In March 2012, Bakken production exceeded 500,000 bpd the first time.
However, production has been increasing steadily, with average daily output in August 2013 exceeding 900,000 bpd.
To date, infrastructure to transport oil produced from the Bakken Formation has not kept up with the
Keystone XL Pipeline Project: Key Issues
Congressional Research Service increased production. Bakken crude oil is transported to refineries by rail and truck, in addition to
more economical transport by pipeline.
As stated earlier, the proposed Keystone XL Project would include a lateral pipeline, the Bakken Marketlink, to provide crude oil transportation service from Baker, MT, to Cushing, OK, via the
proposed Keystone XL Pipeline and from Cushing to Texas via the proposed Gulf Coast Pipeline.
Keystone Marketlink estimates that the project will cost $140 million and have the ability to deliver approximately 100,000 bpd of crude oil to the proposed Keystone XL Pipeline.
Thus, of the Keystone Pipeline’s 830,000 bpd ultimate capacity, up to 12% has been set aside to transport Bakken crude oil. Keystone Marketlink currently has firm, long-term contracts to
transport 65,000 bpd of the 100,000 bpd
More at the link:
http://fas.org/sgp/crs/misc/R41668.pdf
They need every bit of help they can get getting their product to market. As it is their rail and transport truck capacity is maxxed. Enbridge is talking another pipeline as well.
It's also about grade, sweet crude versus stink Mexican crude....Another phenomenon of having U.S. crude stockpiles stranded by lack of infrastructure is the resultant price differential with respect to the West Texas Intermediate (WTI) benchmark. This differential can be as high as $15/barrel. Here in Illinois, it is about $8.40/barrel. This adds up and effects a company's operating revenues. This is serious shit.
Pricing differentials among the various grades of crude are not nearly as broad as the market differentials.It's also about grade, sweet crude versus stink Mexican crude....Another phenomenon of having U.S. crude stockpiles stranded by lack of infrastructure is the resultant price differential with respect to the West Texas Intermediate (WTI) benchmark. This differential can be as high as $15/barrel. Here in Illinois, it is about $8.40/barrel. This adds up and effects a company's operating revenues. This is serious shit.
Why not North Dakota?They should also build a refinery in South Dakota...12% ain't much...O
k...Of course they don't mix it.
Here. Right from a Congressional study. Hope this helps.
Marketlink for Bakken Oil Production
The Bakken Formation is a large unconventional petroleum and natural gas resource underlying parts of North Dakota, Montana, and the Canadian provinces of Saskatchewan and Manitoba.
Although the region has been producing since 1951, it is only since 2006 that prices and technology have made it economic for industry to increase production. In March 2012, Bakken production exceeded 500,000 bpd the first time.
However, production has been increasing steadily, with average daily output in August 2013 exceeding 900,000 bpd.
To date, infrastructure to transport oil produced from the Bakken Formation has not kept up with the
Keystone XL Pipeline Project: Key Issues
Congressional Research Service increased production. Bakken crude oil is transported to refineries by rail and truck, in addition to
more economical transport by pipeline.
As stated earlier, the proposed Keystone XL Project would include a lateral pipeline, the Bakken Marketlink, to provide crude oil transportation service from Baker, MT, to Cushing, OK, via the
proposed Keystone XL Pipeline and from Cushing to Texas via the proposed Gulf Coast Pipeline.
Keystone Marketlink estimates that the project will cost $140 million and have the ability to deliver approximately 100,000 bpd of crude oil to the proposed Keystone XL Pipeline.
Thus, of the Keystone Pipeline’s 830,000 bpd ultimate capacity, up to 12% has been set aside to transport Bakken crude oil. Keystone Marketlink currently has firm, long-term contracts to
transport 65,000 bpd of the 100,000 bpd
More at the link:
http://fas.org/sgp/crs/misc/R41668.pdf
They need every bit of help they can get getting their product to market. As it is their rail and transport truck capacity is maxxed. Enbridge is talking another pipeline as well.
