Trump Aide Stands To Profit From The Dakota Access Pipeline

http://m.huffpost.com/us/entry/us_57cf7dcee4b0eb9a57b69f06

This Trump Aide Stands To Profit From The Dakota Access Pipeline
Dakota Access is slated to carry fracked Bakken oil across South Dakota, Iowa and into Illinois.

Continental Resources — the company founded and led by CEO Harold Hamm, energy adviser to Donald Trump’s presidential campaign and potential U.S. Secretary of Energy under a Trump presidency — has announced to investors that oil it obtains via hydraulic fracturing (“fracking”) from North Dakota’s Bakken Shale basin is destined for transport through the hotly-contested Dakota Access pipeline.



The company’s 37-page September 2016 Investor Update presentation walks investors in the publicly-traded company through various capital expenditure and profit-margin earning scenarios.
It also features five slides on the Bakken Shale, with the fifth one named “CLR Bakken Differentials Decreasing Through Increased Pipeline Capacity” honing in on Dakota Access, ETCOP and how the interconnected lines relate to Continental’s marketing plans going forward.

In a section of that slide titled, “Bakken Takeaway Capacity” a bar graph points out that the opening of Dakota Access would allow more barrels of Continental’s Bakken fracked oil to flow through pipelines.

Dakota Access is slated to carry the fracked Bakken oil across South Dakota, Iowa and into Patoka, Illinois. From there, it will connect to the company’s Energy Transfer Crude Oil Pipeline (ETCOP) line, which terminates in Nederland, Texas at the Sunoco Logistics-owned refinery.

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Harold Hamm for Sec of Energy!!??? #$$^&@ NO