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Controversial Oil Pipeline Bringing Prosperity to North Dakota

<p class&equals;"MsoNormal" style&equals;"text-align&colon; left&semi;" align&equals;"center">Even though the &dollar;3&period;8 billion Dakota Access Pipeline&nbsp&semi;project has been operational for only the last six months&comma; it is already bringing substantial prosperity to North Dakota&period;&nbsp&semi;&nbsp&semi;&nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">The oil production has surged&comma; specifically 78&comma;000 more barrels of oil were produced daily between September and October&period; The state also has 15 more drilling rigs operating this January compared to last year&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Energy companies are saving costs on energy transportation&period; The oil is also no longer being moved to the Gulf Coast&comma; where it&rsquo&semi;s much more money&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">North Dakota&rsquo&semi;s state revenue has spiked by &dollar;43&period;5 million in the first five months that the pipeline was operating&period; The state is also expected to see &dollar;210 million to &dollar;250 million in additional tax revenue during this period&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;That&rsquo&semi;s exceeded expectations&comma;&rdquo&semi; said Ryan Rauschenberger&comma; the tax commissioner&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">The pipeline project has led to significant job growth too&period; There are 850 wells need fracking crews&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">In January&comma; President Donald Trump signed two presidential memoranda&nbsp&semi;in support of both the Dakota and Keystone XL pipelines&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">This was the start of the end of the suspension that was put in place on Dakota pipeline project by the US Army Corps of Engineers&nbsp&semi;last year&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Environmental groups spent significant efforts to fight the decision to continue the project due to its potential impact on the environment&comma; drinking water&comma; and the damage that would be done to the sacred burial sites in the route of the pipeline&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Thousands stood in protest of the pipeline&comma; some even got violent&period; The protests ended up costing taxpayers millions for the law enforcement efforts and the on-going cleanup&period;&nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Proponents argued that the pipeline was necessary to provide a more cost-effective and efficient means of transporting crude oil&comma; instead of relying heavily on trains&period; <span style&equals;"font-size&colon; 13&period;5pt&semi; font-family&colon; Helvetica&semi; mso-fareast-font-family&colon; 'Times New Roman'&semi; mso-bidi-font-family&colon; 'Times New Roman'&semi; color&colon; &num;404040&semi; background&colon; white&semi;">&nbsp&semi;<&sol;span><&sol;p>&NewLine;<p class&equals;"MsoNormal">On June 1&comma; 2017&comma; the pipeline officially became operational&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Although environmentalists continue to fight against the energy companies&comma; the pipeline has been a victory for the environment in another regard&comma; along with public safety&period; Only two trains pass through daily&comma; versus the 12 that did in the past the last time the oil production was this high&period; This means there are less oil spill accidents and CO2&nbsp&semi;emissions&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal"><strong style&equals;"mso-bidi-font-weight&colon; normal&semi;">Author&rsquo&semi;s note&colon;<&sol;strong> It looks as though the pipeline profit is exceeding expectations&period; This is just the beginning too&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal"><strong>Editor&rsquo&semi;s note&colon;<&sol;strong> Here&rsquo&semi;s a fun fact for you&period; The world produces 96 million barrels of oil per day&period;&nbsp&semi;The U&period;S&period; consumes 19&period;7 million barrels per day&period;&nbsp&semi;North Dakota is now shipping about 1&period;2 million barrels per day&period; At &dollar;60 per barrel&comma; this means about &dollar;26 billion a year is flowing through the pipeline&comma; which is roughly equivalent to North Dakota&rsquo&semi;s entire GDP&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;

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