Is This The End Of The American Pipeline Boom?

Is This The End Of The American Pipeline Boom?

OilPrice.com

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The Dakota Access Pipeline, (DAPL) was built to transport Bakken crude oil from its point of origin in far North Dakota to a terminus in Patoka, Illinois. Patoka is the second largest crude storage hub, after Cushing, Oklahoma. It also is strategically located in the mid-West refining matrix with a number of crude oil refineries in the Illinois/Indiana area.  With a nameplate capacity of ~570-K BOPD a clear need existed for it in the minds of operator, Energy Transfer, (ET), and its partners, Phillips 66, (PSX), Enbridge, (ENB), and Marathon…

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