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Title : The DAPL May Have Saved The Bakken -- June 16, 2018
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The DAPL May Have Saved The Bakken -- June 16, 2018

If one considers what happened between 2014 and 2016, both nationally and internationally, one can make a case that the DAPL may have saved the Bakken, no thanks to Standing Rock.

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Almost without notice, an important anniversary came and passed recently.

On Friday, June 1, the Dakota Access Pipeline marked one year since the pipeline successfully began transporting Bakken crude from near Stanley, North Dakota to Patoka, Illinois.

How could we miss the anniversary for a pipeline that sparked intense protests and the world’s attention for nearly an entire year prior to operation?

The answer is relatively simple. Pipelines, despite the propaganda against them, offer relatively uneventful daily operations. They quietly move materials like crude, natural gas, water, CO2 and refined products across the United States with only rare  significant issues. In fact, 99.999 percent of petroleum products get to their destination without incident and the pipeline industry has proven its commitment to making that number even better with a decline in incidents of over 50 percent since 1999.

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From The Bismarck Tribune:

North Dakota oil production jumped 5.4 percent in April to more than 1.2 million barrels per day, coming in just shy of the state’s record.

Director of Mineral Resources Lynn Helms called it a big surprise to see production levels within 2,500 barrels of the all-time high of nearly 1.23 million barrels per day.

“We were not expecting that kind of a surge until late May, early June,” Helms said Friday while discussing the preliminary figures.

Natural gas production increased 7.4 percent in April, setting another record at more than 2.24 billion cubic feet per day.

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 For more on the Legacy Fund, click on the "Legacy Fund" tag at the bottom of the blog.

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