Wednesday, June 12, 2019

$1.6B pipeline proposed to move North Dakota crude oil

$1.6B pipeline proposed to move North Dakota crude oilTwo companies are proposing a $1.6 billion pipeline to move North Dakota crude oil, making it the biggest such project to move oil out of the state since the Dakota Access pipeline that sparked violent clashes between protesters and law enforcement in 2016 and 2017. Houston-based Phillips 66 and Casper, Wyoming-based Bridger Pipeline announced the joint venture called Liberty Pipeline on Monday. It's designed to move 350,000 barrels of oil daily — the bulk of which from western North Dakota's oil patch — to the nation's biggest storage terminal in Cushing, Oklahoma.




from Yahoo News - Latest News & Headlines https://yhoo.it/2KcNInA

No comments:

Post a Comment

Argentina tax amnesty scheme lures $18 billion in bank deposits

from Yahoo News - Latest News & Headlines https://ift.tt/g3VCW9r