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N. Dakota Oil Production Doubles in Past 2 Years

Bismark Tribune -- BISMARCK, N.D. — North Dakota oil production has more than doubled in the past two years, and the state’s sweet crude is now helping to feed refineries on the East, West and Gulf coasts

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Submitted Apr 16, 2012 By: daquanabe

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drpepperTX Champion Author Texas Posts:8,929 Points:750,035 Joined:Apr 2011	Message Posted: Apr 16, 2012 10:45:45 PM Ignore drpepperTX Report Abuse The problem is shipping by rail vs pipeline costs about $3 per barrel more. Not to mention the increase in safety that pipelines have over rail.
northeast2 Champion Author New York Posts:3,849 Points:1,007,200 Joined:Mar 2008	Message Posted: Apr 16, 2012 10:06:10 PM Ignore northeast2 Report Abuse "Kringstad said 25 percent of the state’s oil production is moving by rail to primarily to coastal refineries. Two years ago, only a small percentage of the state’s crude was moving by rail. In addition to Oklahoma, Texas and Louisiana, North Dakota crude began moving by rail last year to Washington state and New York, where it’s transferred by barge to Pennsylvania. In recent weeks, crude shipments have been sent west by rail to California, Kringstad said." Imagine that! We already have the infrastructure to move oil without building a pipeline! An American industry (the railroads) can make money moving the product! We don't have to have a Canadian company taking land in Texas by eminent domain!
jjjleblanc Champion Author Rochester Posts:5,862 Points:1,516,380 Joined:Jun 2008	Message Posted: Apr 16, 2012 9:24:28 PM Ignore jjjleblanc Report Abuse Yea!!
listerone Champion Author Boston Posts:3,370 Points:876,065 Joined:Aug 2008	Message Posted: Apr 16, 2012 7:46:49 PM Ignore listerone Report Abuse During the campaign Osama Obama will announce the way he'll put a stop to this.The Dakotas and Montana are "red" states so he needn't worry about that.His tree worshiping voters (and donors) will love it!
SammyAdams Champion Author Tallahassee Posts:3,043 Points:790,775 Joined:Nov 2010	Message Posted: Apr 16, 2012 5:51:40 PM Ignore SammyAdams Report Abuse This is one of the success stories for "Free Market" capitalism and is exciting and inspirational to watch as it unfolds. BO might try to take credit for this unprecedented growth in North Dakota, but it more truthfully could be stated that this growth came about in spite of the administration's energy policies. Why don't we use North Dakota as an influence to restore the free enterprise market and cut down the Federal Behemoth to its Constitutional size?
Cakes77 Champion Author Harrisburg Posts:5,145 Points:1,649,720 Joined:Aug 2006	Message Posted: Apr 16, 2012 2:35:37 PM Ignore Cakes77 Report Abuse A very helpful article here. Thanks for posting this.
Hop1LA Champion Author Baton Rouge Posts:3,304 Points:1,174,545 Joined:Apr 2008	Message Posted: Apr 16, 2012 12:08:55 PM Ignore Hop1LA Report Abuse I haven't notice gasoline getting cheaper as a result more domestic production.
w9med Champion Author Gary Posts:1,128 Points:327,845 Joined:Aug 2011	Message Posted: Apr 16, 2012 10:19:32 AM Ignore w9med Report Abuse So have gas prices
JCI46009IN Champion Author Indiana Posts:2,129 Points:439,570 Joined:Sep 2011	Message Posted: Apr 16, 2012 10:06:05 AM Ignore JCI46009IN Report Abuse Fantastic, hope this continues!
car253 Champion Author Ohio Posts:6,283 Points:1,466,670 Joined:Oct 2008	Message Posted: Apr 16, 2012 10:03:06 AM Ignore car253 Report Abuse Great news!
dougtaylor1 Champion Author Phoenix Posts:1,746 Points:444,750 Joined:Jun 2011	Message Posted: Apr 16, 2012 9:37:01 AM Ignore dougtaylor1 Report Abuse Hey let's build a pipeline. Wait.....Obumer says no.
Night Owl Champion Author Toronto Posts:7,540 Points:1,784,650 Joined:Jul 2004	Message Posted: Apr 16, 2012 9:32:02 AM Ignore Night Owl Report Abuse Good going, North Dakota.
JLSindy Champion Author Cleveland Posts:3,481 Points:671,315 Joined:Aug 2005	Message Posted: Apr 16, 2012 9:30:24 AM Ignore JLSindy Report Abuse Prices will continue to go up!! ....even with increased supply!!
bikerchicklette Champion Author Washington Posts:5,889 Points:1,296,470 Joined:Sep 2005	Message Posted: Apr 16, 2012 9:22:50 AM Ignore bikerchicklette Report Abuse interesting
bowler300MO Champion Author Missouri Posts:1,983 Points:870,265 Joined:Mar 2010	Message Posted: Apr 16, 2012 9:22:22 AM Ignore bowler300MO Report Abuse supply and demand? more supply but prices go up?? demand lets see I can buy all I want at 4.50 a gallon
TableTalk Champion Author Virginia Posts:1,184 Points:557,200 Joined:Nov 2008	Message Posted: Apr 16, 2012 9:17:16 AM Ignore TableTalk Report Abuse Nice to see supply and demand at work. With the lack of pipelines headed east from the Dakotas, they use the next best thing which increases the risk of spills and pollution. A pipeline would be expensive and thus the cost/benefit pushes the transport medium to rail/barge for the time being. One should expect prices of refined oil products (gas, etc.) on the east coast to rise as the refineries up there (NJ) get shut down. Tough economic decisions. It would seem that the oil would run out before the pipeline would pay for itself hence the reason for not building it to cut the transportation costs.
olebufnav Champion Author Omaha Posts:3,960 Points:1,020,305 Joined:Nov 2008	Message Posted: Apr 16, 2012 9:12:26 AM Ignore olebufnav Report Abuse Go DAKS....!
Skunk63 Champion Author Phoenix Posts:2,551 Points:556,525 Joined:Oct 2011	Message Posted: Apr 16, 2012 9:04:27 AM Ignore Skunk63 Report Abuse Drill, baby.
fuel2use Champion Author Seattle Posts:3,473 Points:730,400 Joined:Dec 2010	Message Posted: Apr 16, 2012 9:04:09 AM Ignore fuel2use Report Abuse Have them put the money in the infrastructure.
bodu All-Star Author Vancouver Posts:906 Points:279,310 Joined:Mar 2009	Message Posted: Apr 16, 2012 8:55:32 AM Ignore bodu Report Abuse Does the infrastructure exist? Will it hold?
TruthMatters Champion Author New Jersey Posts:2,515 Points:532,260 Joined:Oct 2011	Message Posted: Apr 16, 2012 8:52:30 AM Ignore TruthMatters Report Abuse Bakken crude not making a dent here in NJ - prices are already sky high and still climbing!
12mpgnavigator Champion Author Seattle Posts:2,764 Points:648,985 Joined:Jun 2009	Message Posted: Apr 16, 2012 8:45:54 AM Ignore 12mpgnavigator Report Abuse go ND!, drill baby, drill!
Jizme Champion Author Lincoln Posts:9,866 Points:2,902,850 Joined:Oct 2004	Message Posted: Apr 16, 2012 8:45:43 AM Ignore Jizme Report Abuse You Go Girls!
VomVom Champion Author Calgary Posts:3,857 Points:1,627,080 Joined:May 2007	Message Posted: Apr 16, 2012 8:45:08 AM Ignore VomVom Report Abuse The oil is land locked. There is insufficient pipeline capacity to ship the oil to market. the S Dakota refinery won't be operational until 2017.
EXTREMESNOW Champion Author Medford Posts:8,905 Points:1,820,465 Joined:Jul 2006	Message Posted: Apr 16, 2012 8:42:48 AM Ignore EXTREMESNOW Report Abuse Congrats.