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OakesCS

06/14/12 1:45 PM

#5231 RE: DewDiligence #5230

As long as pipelines are blocked - yup. The one good thing for now is that I suspect rail contracts are probably relatively cheap. If obama loses, then the restrictions on coal will also vaporize which will drive up the cost of rail transport. So pipelines are very important to the Bakken. With a good pipeline network, then Bakken producers can get the proper bang from their relatively high quality crude.
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OakesCS

06/14/12 1:48 PM

#5232 RE: DewDiligence #5230

As long as pipelines are blocked - yup. The one good thing for now is that I suspect rail contracts are probably relatively cheap. If obama loses, then the restrictions on coal will also vaporize which will drive up the cost of rail transport. So pipelines are very important to the Bakken. With a good pipeline network, then Bakken producers can get the proper bang from their relatively high quality crude.