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Join the Discussion: Safe and Economic Transportation of Bakken Crude Oil Through Minnesota

Ole Koppang

POSTED BY:

Vice President, National Banking Division – Bank of the West

Bakken shale oil production has reached 1 million barrels per day, up from 200,000 in 2009 and is forecasted to be 1.6 million by 2017. Today, approximately 70% of Bakken shale oil is transported via railcars and each week over 50 million gallons of oil travel through densely populated regions, including the Twin Cities. As the train derailment in Casselton, North Dakota last December demonstrates, the emergency response system needs additional resources to address rail accidents.  The proposed Sandpiper pipeline route will travel through vulnerable and largely inaccessible Minnesota wetlands. However, it will reduce the rail car transportation and result in billions of dollars in infrastructure investments.

Given these challenges, how do we safely transport Bakken shale oil through Minnesota to refineries on the East and Gulf coasts? Join the Norwegian American Chamber of Commerce – Upper Midwest Chapter for an event that brings global, national, regional and local experts together to discuss risk management practices as well as the economic impacts of the Bakken oil boom to the State and the business community.

EVENT DETAILS
December 4, 2014

9:00 a.m. – 12:00 p.m. (registration and refreshments begin at 8:00 a.m.)

Humphrey School of Public Affairs, Cowles Auditorium – University of Minnesota
301 19th Ave South
Minneapolis, MN 55455
Parking and Directions »

Registration is $35, or $15 for students. Pre-registration is encouraged, but you may also register the day of the event. Register here »

EVENT SPEAKERS
Recognized leaders on pipeline risk, economists, and transportation experts will discuss:

  • How do we best ensure pipeline integrity to minimize the chance of oil spills, and how do we best mitigate the risks associated with rail transportation,
  • What are the economic impacts to the State of Minnesota, and
  • How can Minnesota businesses benefit from future infrastructure improvement associated with expansion of the Bakken field?

 Pipeline Safety and Logistics

  • Dr. Tom Bubenik, Senior Principal Engineer, DNV GL Oil & Gas
  • Dr. Oliver Moghissi, Vice President Of Technology, DNV GL Oil & Gas
  • Paul Eberth, Project Director, Sandpiper, Major Projects, Enbridge
  • Jonathan Wolfgram, Chief Engineer, Minnesota Office of Pipeline Safety
  • Willis Mattison, Citizens Advocate and technical advisor to Friends of the Headwaters and former Regional Director of the Minnesota Pollution Control Agency

Railroad Safety and Logistics

  • David Christianson, Project Manager, Minnesota Department of Transportation and Advisor to the Governor’s Roundtable on Bakken oil transportation infrastructure issues
  • Brian Sweeney, Regional Assistant Vice President, Government Affairs, BNSF

Economic Impact of the Bakken Oil Boom on Minnesota and the Ninth Federal Reserve District

  • Rob Grunewald, Regional Economist, Federal Reserve Bank of Minneapolis

For additional information about this event or the NACC please visit www.naccminneapolis.org or contact me anytime.

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A note from Environmental Initiative: Last September we planed and hosted a forum exploring the policy options and trade-offs Minnesota faces related to increasing fossil fuel transport to and through the state. For those of you who attended that event, this upcoming opportunity with the Norwegian American Chamber of Commerce may be of interest to you.

Join the discussion

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