North Dakota regulators on Thursday proposed new rules to address concerns about the volatility of crude oil produced in the state. Via Reuters, oil producers will be required to boost the temperature at which they heat crude oil to remove volatile elements. North Dakota oil must be treated at temperatures of at least 115 degrees Fahrenheit and pressures of at least 50 psi under the proposal. The goal is to attain a pressure of no more than 13.7 psi for each barrel of Bakken crude.
North Dakota Gov. Jack Dalrymple and two other members of the state’s industrial commission will wait until December to approve the proposal, but they appear to be on board. The North Dakota Petroleum Council opposes the standards meant to achieve the 13.7-psi threshold.
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