Oil Could Reach Gulf Coast With Keystone Pipeline - KFYRTV.COM - Bismarck, ND - News, Weather, Sports

Oil Could Reach Gulf Coast With Keystone Pipeline

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A decision on the Keystone XL pipeline could come anyday, as North Dakota's oil production grows towards 1 million barrels of oil each day. The proposed pipeline would not hinder the states crude production but open opportunities according to officials.

The multibillion dollar pipeline would carry tar sands oil from Canada, which the director of the North Dakota Pipeline Authority says is very different from North Dakota Crude. The pipeline authority says the project would provide an opportunity to move Bakken Crude oil to new markets on the gulf coast.

"We've been in favor of the Keystone XL Pipeline since the time it was considered. We actually conducted a study several years ago looking at whether or not North Dakota could have access to that pipeline system. We looked into what it would look like, and it turned out to be a good option for North Dakota crude oil. We also learned that we could move Bakken sweet crude southward towards refining markets that we currently have limited access to," says the North Dakota Pipeline Authority director Justin Kringstad.

Kringstad says the two crudes are on opposite sides of the oil spectrum. Alberta's tar sands are considered heavy and sour while North Dakota's Bakken crude is classified as lighter.

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