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Bakken crude oil production relies on rail shipments

2014-08-31 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Times_Dispatch: The frequency and volume of Bakken crude rail shipments are driven by oil production in North Dakota that is second only to Texas in the U.S. Production there rose from 81,000 barrels a day in 2006 to 900,000 barrels a day last year. With production exceeding pipeline capacity, rail became attractive because of the location and the fact there is a ready market for (light crude oil) on the East Coast, said Sandy Fielden, an analyst at RBN Energy in Houston. Generally, everything produced...

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Crude rides Texas' rails with little oversight

2014-08-31 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Houston Chronicle: Six days a week, bumping through the scrub, oil trucks pull up to the rail stations at Muleshoe or Kermit, Dimmit or Roy, Whiteface, Seagraves or Wellman, any of the flyspeck boomtowns of the Permian Basin. By the tracks, roustabouts and railroaders meet for a transfer as old as their industries. Pumping crude into tank cars, they step back as the locomotives lurch off toward the transfer stations of BNSF and Union Pacific, the two big lines that crisscross the state on their way to Houston, where...

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Atlas Oil comes to Colorado, focused on refueling, crude by rail loading

2014-08-29 08:35:00| Oil & Gas - Topix.net

Atlas Oil Co. , a Michigan-based fuel supply and delivery company, has opened up shop in Colorado to serve the state's booming oil and gas industry north of Denver.

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Exxon Mobil to pay $1.4M over 2013 crude spill in Louisiana

2014-08-27 19:10:26| Energy - Topix.net

Exxon will pay $1.4 million to resolve issues related to a 2013 crude oil spill.

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Brent crude oil recovers to touch $103 a barrel

2014-08-27 01:00:00| Offshore Technology

Brent crude oil increased to $103 a barrel on Wednesday, indicating a recovery from last week's 14-month low.

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