Aux Sable

At the recent Platts Oil and Gas Conference in Denver, the reoccurring theme was outbound capacity constraint.  The area needs a lot more crude oil pipelines and rail terminals to mitigate regional oil price crashes (see Bakken’ and a Rollin’ at Clearbook and Guernsey).   The natural gas situation is worse, with more than one-third of natural gas on the North Dakota side of the Bakken being flared.  The region needs more gas gathering systems and more takeaway capacity.