• 4 minutes "Saudi Armada heading to U.S.", "Dumping" is a WTO VIOLATION.
  • 7 minutes Trump will be holding back funds that were going to W.H.O. Good move
  • 11 minutes Washington doctor removed from his post, over covid
  • 15 minutes Which producers will shut in first?
  • 30 mins Why Trump Is Right to Re-Open the Economy
  • 45 mins Charts of COVID-19 Fatality Rate by Age and Sex
  • 5 mins A small trial finds that hydroxychloroquine is not effective for treating coronavirus
  • 4 hours US Shale Resilience: Oil Industry Experts Say Shale Will Rise Again
  • 2 hours 80's GOM Oil Fam: Mid-80's Oil Glut Part Deux?
  • 8 hours Wouldn't fall in demand balance it out?
  • 4 hours Its going to be an oil bloodbath
  • 18 hours Death Match: Climate Change vs. Coronavirus
  • 16 hours Free market or Freeloading off the work of others?
  • 17 hours ‘If it saves a life’: Power cut to 1.5 million Californians
  • 21 hours Russia's Rosneft Oil is screwed if they have to shut down production as a result of glut.
  • 35 mins CCP holding back virus data . . . . . . Spanish Flu 1918 MUTATED, Came in 3 waves, Lasted 14 months and killed upward 5% World population
Alt Text

Is Trump Right About Falling U.S. Oil Output?

U.S. President Trump claimed this…

Alt Text

Why The OPEC+ Output Cut Is Irrelevant

Oil demand and oil prices…

Alt Text

What Happens If The World Runs Out Of Oil Storage?

Oil storage tanks onshore, and…

Darrell Delamaide

Darrell Delamaide

Darrell Delamaide is a writer, editor and journalist with more than 30 years' experience. He is the author of three books and has written for…

More Info

Premium Content

U.S. Governors Seek "Onramp" to Pipeline for Booming Bakken Shale Output


Governors of Montana and North Dakota met with TransCanada Corp. officials this week in an effort to convince the builder of a nearly 2,000-mile pipeline from Alberta to the Gulf Coast to tap into the burgeoning oil production from the Bakken Shale in their states.

Govs. Brian Schweitzer of Montana and John Hoeven of North Dakota enlisted the help of domestic oil producers drilling in the Bakken Shale to get TransCanada to consider an “onramp” to the Keystone XL pipeline as it passes through Montana near the North Dakota border.

The Bakken Shale, an oil-bearing formation that spreads under the two states as well as Canada’s province of Saskatchewan, contains an estimated 4.3 billion barrels of crude oil reserves. Producers have encountered transportation bottlenecks due to insufficient pipeline capacity.

The pipeline expansion comes in response to booming oil production in North America as new technologies make previously unproductive reserves economically accessible. The Keystone XL pipeline is designed to transport production of the estimated 1.7 trillion barrels of oil in Alberta’s oil sands to refineries on the U.S. Gulf Coast.

The two U.S. governors have encountered resistance from TransCanada in their efforts to tap into the pipeline and Schweitzer has threatened to hold up construction of the pipeline in its 280-mile passage through Montana. The meeting in Billings on Wednesday was to help bring the parties closer to an agreement.

The Bakken Shale, which lies two miles deep in eastern Montana and western North Dakota, was discovered in the 1950s, but has become more productive only through the techniques of hydraulic fracturing and horizontal drilling pioneered in the recovery of shale gas in Texas’ Barnett Shale and other formations. The new techniques have enabled North Dakota to double oil production over the past three years to 80 million barrels in 2009.

TransCanada is investing $12 billion to build the pipeline and to pump up to 1.1 million barrels of oil a day from the Athabasca oil sands in northeastern Alberta to U.S. refineries. The expansion project, which will link in to the existing Keystone pipeline is due to be completed in 2012.

North Dakota is also looking at a project with Enbridge Pipeline to expand capacity northward toward Berthold, N.D., by 115,000 barrels a day. The project could cost up to $300 million.

By. Darrell Delamaide


Download The Free Oilprice App Today

Back to homepage






Leave a comment
  • Anonymous on March 05 2010 said:
    US Oil consumption = 20 million barrels a day.

    5 days = 100 million barrels

    50 days = 1 billion barrels

    4.3 billion barrels buys us 260 days supply. Give or take.

    Expensive. Low EROEI

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News