DOUGLAS, Wyo. (AP) — A company proposes to build a nearly 500-mile pipeline that would feed oil from North Dakota’s booming Bakken oil field into another pipeline in eastern Wyoming.
The 12-inch pipeline would cost $300 million. Initial capacity would be 50,000 barrels a day but the pipe could handle up to twice that. Oil would begin flowing in August 2014.
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The pipeline is proposed by Hiland Crude, a subsidiary of Oklahoma-based Hiland Partners. The Casper Star-Tribune reports Hiland Vice President Jim Suttle discussed the pipeline with Converse County commissioners in Douglas on Wednesday.
Suttle told the commissioners the goal is to get the Bakken oil to a hub in Cushing, Okla., where the oil would fetch a better price.
The pipeline would connect at Guernsey to the Pony Express Pipeline under development.