Bakken Oil News

Oil train traffic down on BNSF lines in Minnesota, Wisconsin

Oil train traffic down on BNSF lines in Minnesota, Wisconsin

  June 27, 2015 | La Crosse Tribune | New documents show BNSF Railroad is hauling fewer crude oil trains through Minnesota and Wisconsin than it was last winter. BNSF now averages 25 unit trains per week along its line that follows the Mississippi River from the Twin Cities to Illinois, according to a report […]

By June 27, 2015 0 Comments Read More →

BNSF Expects Crude-by-Rail Volumes to Grow After Price Rebound

June 16, 2015|Bloomberg News| A 37 percent rebound in oil prices will boost crude-by-rail shipments as drillers complete more wells and extract more crude that U.S. pipelines don’t have the capacity to handle, Burlington Northern Santa Fe LLC executive chairman Matthew K. Rose said Monday. BNSF is preparing for a recovery after shipments of crude […]

By June 16, 2015 0 Comments Read More →

Declining rig count leveling off

May 30, 2015 | Bismark Tribune| State and industry officials believe North Dakota’s decline in rigs operating in the state is nearing its low point barring any additional surprises or regulatory issues that could pinch the industry further. The state’s active drilling rig count Wednesday dropped to 80. This is down from 83 last week, […]

By May 31, 2015 0 Comments Read More →
Oil production down second straight month

Oil production down second straight month

April 16, 2015 | Bismark Tribune| North Dakota oil production fell for the second consecutive month in February with a decline of more than 14,000 barrels per day reported by the state’s top energy industry regulator Tuesday. [Read the entire article here.] {Editor’s Note: An oil unit train carries approximately 71,000 barrels of oil}

By April 16, 2015 0 Comments Read More →
This Animated Map Shows How Moving Oil by Rail Exploded in the Last 5 Years

This Animated Map Shows How Moving Oil by Rail Exploded in the Last 5 Years

April 6, 2015 | Bloomberg Business | America’s oil boom has unearthed new supplies of crude so fast that the nation’s system of pipelines hasn’t been able to keep up. And so an industry is born: Crude by rail. The animated map below shows the remarkable rise of trains that ship oil to refineries across the country. There was a 50-fold […]

By April 6, 2015 0 Comments Read More →

North Dakota’s new oil train safety checks seen missing risks

April 1, 2015 | Reuters | (Reuters) – New regulations to cap vapor pressure of North Dakota crude fail to account for how it behaves in transit, according to industry experts, raising doubts about whether the state’s much-anticipated rules will make oil train shipments safer. High vapor pressure has been identified as a possible factor […]

By April 1, 2015 0 Comments Read More →
U.S. Movements of Crude Oil by Rail Now Online!

U.S. Movements of Crude Oil by Rail Now Online!

March 31, 2015 | EIA website |For the first time, EIA is providing monthly data on rail movements of crude oil, which have significantly increased over the past five years. The new data on crude-by-rail (CBR) movements are integrated with EIA’s existing monthly petroleum supply statistics, which already include movements by pipeline, tanker, and barge. […]

By March 31, 2015 1 Comments Read More →
Critics press ND to make Bakken oil safer, despite costs

Critics press ND to make Bakken oil safer, despite costs

March 30, 2015 | MPR News| North Dakota environmentalists want oil companies to reduce volatile gasses in Bakken crude. Regulators, however, say they’re taking a different tack that’s cheaper for the industry and still improves safety. The gasses remain a flashpoint for producers, environmental and safety groups concerned about transporting the highly flammable Bakken crude. […]

By March 30, 2015 0 Comments Read More →
Frac sand exec to slumping oil producers: You’re not going to drill your way out of this

Frac sand exec to slumping oil producers: You’re not going to drill your way out of this

March 30, 2015 | Fuel Fix |HOUSTON – The message that a scientific approach should trump the all-out wildcatting of the fading shale boom is echoing through more corridors of the energy industry. But oil producers may not want to hear it. [Read the entire article here.]

By March 30, 2015 0 Comments Read More →
Natural gas rules push, pull Bakken oil producers

Natural gas rules push, pull Bakken oil producers

March 23, 2015 | Bismark Tribune| On one hand, Bakken oil producers are being told to quit flaring so much gas and, on the other, to start generating more gas. This “push in the opposite direction,” as described by Department of Mineral Resources director Lynn Helms, will officially start April 1 and probably last for […]

By March 23, 2015 0 Comments Read More →