Oneok drops plan for $1.8B Bakken oil pipeline

Nov 28, 2012 | 01:36 PM | Michael Cowden

Tags  Oneok Partners, Terry Spencer, Bakken Crude Express Pipeline, Williston Basin, crude oil, natural gas, NGL, pipeline line pipe

CHICAGO — Oneok Pipeline Partners LP has dropped plans to build a 1,300-mile pipeline, citing a lack of interest by potential customers.

The Tulsa, Okla.-based energy transmission company had said that the $1.8-billion Bakken Crude Express Pipeline would have moved crude oil from the Bakken Shale’s Williston Basin in North Dakota and Montana to Cushing, Okla., a crude oil hub (amm.com,....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center