Here are some more selected news articles for the week ending 10 April 2021. Go here for Part 1.
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Global Economic Intersection every Monday evening or Tueday morning.
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Bakken crude to be rerouted in every direction if DAPL shuts | S&P Global Platts - Bakken Shale crude oil volumes would ship to the west, east and even up north into Canada and back into the US again as producers and pipeline operators target alternative routes if the Dakota Access Pipeline is shuttered, even temporarily, according to industry sources. A federal court could decide as soon as April 9 whether the Bakken Shale s main crude artery is forced to close, dispersing the volumes from the four-year-old, 570,000 b/d pipeline to other existing pipelines, lightly used crude-by-rail networks, and trucking routes, and widening Bakken crude price discounts. If the Energy Transfer-operated pipeline is o
The US oil and gas rig count stood steady at 461 in the week ending Feb. 24, rig data provider Enverus said, but Permian operators added rigs as recent severe weather loosened its grip on the region. The total number of rigs chasing primarily oil and those chasing gas were both steady week on week .