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Title : Update On Washington State CBR -- April 21, 2019
link : Update On Washington State CBR -- April 21, 2019

Update On Washington State CBR -- April 21, 2019

This one is hard to follow. I think I understand the update but I will let readers reach their own conclusion and I won't provide any comment.

Regarding Washington state's stance on Bakken CBR, Platts is reporting that the state legislature has passed the bill and it now awaits the governor's signature. He has five days to sign it. From statescape, for Washington state:

The governor must sign or veto legislation within 5 days of transmittal (excluding Sunday), or it becomes law without his/her signature. Bills transmitted within the last 5 days of the session must be acted upon by the governor within 20 days of adjournment (excluding Sunday). 

The Washington state Bakken CBR bill as it currently stands:

• original bill passed but with one significant change
• awaiting governor's action
• new standards: vapor pressure from a CBR tanker must be less than 9 psi
• NDIC's Lynn Helms said Bakken oil would not/could not meet that standard
• Washington State legislature said the standard (9 psi) would only be triggered if Bakken CBR exceeded 10% volume increase over calendar year 2018 (by refinery; five refineries in Washington state)

From the linked article:

"Refiners who currently import crude by rail only have to comply with the vapor pressure standard if their total annual crude by rail imports increase by more than 10% over the 2018 baseline," Washington State Representative Joe Fitzgibbon, a Democrat who introduced the change to the original bill, said in a statement through a spokesman Monday.

On Friday, Lynn Helms, North Dakota's top oil and gas regulator, said operators would not be able to condition Bakken crude to below that 9 psi level without removing valuable product, including butane, from the crude stream.

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California Refinery Inputs

Previously posted, but it might behoove Washington State to look to the California experience. This is not rocket science.

http://bit.ly/2dZyQXu

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