Tuesday, August 25, 2026
Future of Dakota Access pipeline uncertain as Biden presidency looms- oil and gas 360

Future of Dakota Access pipeline uncertain as Biden presidency looms

Reuters NEW YORK  – The election of Democrat Joseph Biden could create more headaches for the Dakota Access Pipeline’s (DAPL) owners, who are already embroiled in legal battles to keep the main conduit for flowing oil out of North Dakota running. The $3.8 billion DAPL ships about 40% of the crude oil produced from the Bakken shale region in North

Column: U.S. oil inventories offer hope, and a warning, to OPEC+ - Kemp- oil and gas 360

Column: U.S. oil inventories offer hope, and a warning, to OPEC+ – Kemp

Reuters LONDON – U.S. petroleum inventories are gradually normalising as output curbs by OPEC+ and processing restraint by refiners push the oil market back towards balance. But with stocks of crude and distillates still well above the five-year average, OPEC+ and refiners will need to maintain their disciplined approach until at least March to avoid renewed downward pressure on prices.