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/

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