Increased oil production from North Dakota means pipeline companies are investing heavily in the state, Gov. Jack Dalrymple said. North Dakota was the host for a pipeline forum as oil production in the state has been making gains. Texas is the only U.S. state that produces more oil that North Dakota. Dalrymple said pipeline capacity is key to getting oil out of the state and into the market. In 2009, reports The Bismarck (N.D.) Tribune, oil production was around 195,000 barrels per day. By April of this year, production topped the 600,000 bpd mark. "These (pipeline) companies are really stepping up, they're really making some large capital investments," Dalrymple said. Enbridge Energy Partners said a series of multibillion-dollar projects would help expand market access in North America for the increasing oil production from western Canada and the Bakken formation, part of which lies in North Dakota. Oklahoma natural gas company Oneok Partners announced plans in April for a 1,300-mile pipeline from oil deposits in North Dakota to the Cushing hub in Oklahoma. The project could carry as much as 200,000 barrels of crude oil per day. "Build more, do more, gather more," Dalrymple said. "And do it as fast as you possibly can."
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor