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Kelly Armstrong: “We have to have takeaway out of the Bakken.”

Featuring: Kelly Armstrong, Republican | Governor of North Dakota

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North Dakota Governor Kelly Armstrong talks legislative session | Prairie Pulse

Published | Video Starts at 19:50

And the reason being is you want to be able to get that 10% off of a barrel of oil that goes into our tax coffers with significantly more than a 10% off an MCF of gas. So we've always known We have to have takeaway out of the Bakken. The industrial commission budget has $100 million of line of credit, which is in order for us to buy capacity. The problem with these pipeline projects is they take a long time to build, they're expensive to build. (19:50–19:52)

CLAIM

Asserts the necessity of having infrastructure to transport resources from the Bakken region.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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