Oneok Partners LP Plans to Develop a 1,300-Mile Oil Pipeline

The Associated Press reported that Oneok Partners LP (NYSE:OKS) plans to develop a 1,300-mile oil pipeline from North Dakota to central Oklahoma.

As quoted in the market news:

Tulsa, Okla.-based Oneok Partners LP said the proposed Bakken Crude Express Pipeline would cost between $1.5 billion and $1.8 billion and have the capacity to move 200,000 barrels of crude daily from the heart of North Dakota’s rich oil patch to the hub in Cushing, Okla.

Click here to read the full The Associated Press report.