Will a Recent Proposal Slow Oil Production in the Bakken?

North Dakota is mulling an idea to slow oil production in the Bakken to control natural gas flaring. If this plan passes, how will it hurt pure plays such as Kodiak Oil and Gas Corp. or Triangle Petroleum Corporation?

Apr 27, 2014 at 10:00AM

The North Dakota Industrial Commission is mulling a proposal to slow the state's oil production in the Bakken to control natural gas burn-off at well sites. But oil companies want to fix the situation themselves, possibly by installing natural-gas-gathering pipes before well permits are issued and possibly adding fueling stations at the well sites.

In this video, Fool contributor Tyler Crowe and energy analyst Joel South discuss whether the commission's plan has any chance of being imposed and whether pure plays such as Kodiak Oil and Gas (NYSE:KOG) or Triangle Petroleum (NYSEMKT:TPLM) would be hurt by it.

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Joel South, Tyler Crowe, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.