Replies to post #5277 on The Rising Influence of Rising Affluence

[DewDiligence]

HES and other Bakken players could benefit indirectly from a new Shell pipeline from St. James, Louisiana, to Gulf of Mexico refineries:

http://www.reuters.com/article/2012/07/12/pipeline-shell-idUSL2E8IC5DP20120712

St. James is the destination for some Bakken crude shipped to the Gulf by rail, so Shell’s pipeline could lessen the glut there, improving the market price for Bakken crude moving by rail.