By October 15, 2016 0 Comments Read More →

Crude by rail shipments down by half as North Dakota oil production hits two-year low

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October 15, 2016 | La Crosse Tribune | Rail shipments of petroleum from Midwestern oil fields to East Coast refineries have plummeted as North Dakota’s oil production has fallen to a two-year low.

Production dropped below 1 million barrels per day for the first time in more than two years, officials said Thursday — yet another reminder that the drilling boom is over in the country’s No. 2 oil state due to the slump in world oil prices.

[Read the entire article here.]

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