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U.S. modifies testing order on Bakken oil rail shipments

oil by rail

Reuters The U.S. Department of Transportation on Thursday modified rules governing the testing of crude transported by rail from North Dakota. The agency said that tests, required to enforce safety standards, must be conducted to determine the flash point and boiling point of crude oil cargoes shipped from the Bakken shale, clarifying the specific testing requirements laid out in an ...

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Bakken oil rail slows, regulators deny terminal closures


NEW YORK/WASHINGTON (Reuters) – Oil shipments by rail from the booming Bakken shale in North Dakota have slowed over the past two days, data showed on Friday, but a U.S. regulator knocked down rumors that some terminals have been shut down due to new rules. Oil traders are on edge over concerns that an emergency order from the U.S. Department ...

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US East Coast crude import days are numbered as Bakken gets barged


By Anna Louie Sussman EDDYSTONE, Pennsylvania Fri Feb 28, 2014 11:30am IST EDDYSTONE, Pennsylvania Feb 28 (Reuters) – A handful of new East Coast terminals that will pump Bakken and other crude from trains onto barges may end demand for imported light, sweet oil in the U.S. Northeast, the latest twist in the shale revolution that is reshaping the market. ...

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Alaska Invests in Bakken Oil Production


By: John Bestoloffe , Shale Plays Media In 2012, North Dakota surpassed Alaska in oil production. This made North Dakota the second largest oil producer in the country, behind Texas. Since then Alaska’s oil production has continued to decline. North Dakota’s recent boom in the Bakken Shale has caused Alaskan leaders to be not only anxious but also slightly resentful. Most ...

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Obama Signs Bipartisan Bill to Expedite Bakken Fracking


By: KENNETH ARTZ, Via the Williston Wire President Barack Obama signed legislation expediting the permitting process for hydraulic fracturing on federal lands in the Bakken Shale basin in western North Dakota. The legislation sailed through the House and Senate with only one dissenting vote. Reducing Long Delays The Bureau of Land Management (BLM) Streamlining Act authorizes the Miles City, Montana BLM ...

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