TransCanada’s Keystone XL Pipeline will undoubtedly be a popular transportation option for many producers, but production has reached sufficient levels for there to be enough business out of the Bakken Shale to go around, Matt Rose, executive chairman of BNSF Railway, told Fox Business News on Sept. 19.
“Pipelines are not going to be able to handle the entire amount [of production]…There’s going to be all modes of transportation needed to fulfill our opportunity of energy independence,” he said while noting that his company currently moves about 800,000 barrels per day of crude out of the play.
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