Pipeline Drama Casts Shadow Over Oil Industry

The Obama Administration’s decision to temporarily halt construction on part of the 1,200-mile Dakota Access Pipeline has the oil industry on edge.

It was evident at the North Dakota Petroleum Council’s annual meeting, where the pipeline protests cast a shadow over an industry struggling amid low oil prices.

“[The pipeline is] very critical to being in place for any kind of recovery and growth in the Bakken production here,” said Jack Stark, president of Continental Resources, one of the largest oil producers in the state.

Continue to original article: http://insideenergy.org/2016/09/29/pipeline-drama-casts-shadow-over-oil-industry/

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s