Ron Ness, president of the North Dakota Petroleum Council it typically makes more sense to ship raw crude oil out of the state to be refined.
Also.
While the state now has excess railroad and pipeline capacity to ship the crude it produces, Helms expects that situation to change by 2020 when even an expanded Dakota Access Pipeline will reach full capacity. That means either increased crude by rail or planning for another oil pipeline.
North Dakota regulators OK pipeline upgrade, new gas plant March 15, 2018
And look at what is proposed.
QUANTUM ENERGY, INC. proposes to develop up to five 21st Century Energy Centers throughout the Bakken field with each to include a minimum 20,000 barrel-per- day diesel refinery, a separate adjacent processing plant to strip the crude of Natural Gas Liquids (NGL’s) for barrel value enhancement and the local/regional production of NGL byproducts. The Centers will also utilize the latest CO2 capture technology to reduce emission regulation while providing injection supply of CO2 for enhanced oil recovery (EOR).
Plus.
Sweet crude oil contains small amounts of hydrogen sulfide and carbon dioxide. High-quality, low-sulfur crude oil is commonly used for processing into gasoline and is in high demand, particularly in industrialized nations.
Bakken oil has historically been characterized as "sweet".
The main competition.
Whiting Petroleum, Continental Resources, Hess, ExxonMobil, and EOG Resources remain the dominant players.
Obviously a pink shell with no funds does not stand a chance!
