Dakota Access Pipeline Saga Stalls Oil Production Recovery In The Bakken

Dakota Access Pipeline Saga Stalls Oil Production Recovery In The Bakken

OilPrice.com

Published

The uncertainty surrounding the future operations of Dakota Access, the key pipeline carrying crude out of the Bakken, is stalling oil companies’ plans to invest in bringing back online the output they had curtailed after the pandemic-driven crash in oil demand and prices, executives told Reuters. A federal judge ruled on July 6 that the Dakota Access Pipeline, in operation since 2017, must be emptied and shut down by August 5, until a new comprehensive environmental review is completed. A week later, a U.S. Appeals Court ruled that…

Full Article