A bill in Washington state could shut down 150,000 b/d of Bakken rail traffic through the Pacific Northwest, boost oil imports from Alaska and Asia through Puget Sound and increase North Dakota shipments to the US Gulf Coast.
On this week's Capitol Crude, we look at the bill, aimed at reducing the volatility of crude shipped by rail, and its wide-ranging impacts.
Kari Cutting, vice president of the North Dakota Petroleum Council, stops by to talk about why the bill is cost prohibitive to Bakken producers and where oil flows may be redirected.