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

November 25th, 2014

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 »

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Ole Koppang

POSTED BY:

Vice President, National Banking Division – Bank of the West

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