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Author Archives: John Bestoloffe

By John Bestoloffe | Google+ My name is John Bestoloffe and I write for Shale Plays Media LLC which owns Bakken.com, Marcellus.com, and EagleFordTexas.com, Permianshale.com, Haynesville.com, and Niobrarachalk.com. Writing has always been my passion and now I am able to live my dream of being a Journalist. I went to school at North Dakota State University and live in Fargo ND with my wife and 2 children. As I start out in my new adventure reporting on the various Shale plays here in ND, I feel a sense of accomplishment in realizing my dream. When I’m not writing, I enjoy mountain biking, hunting, cruising on my motorcycle, and fishing.

The cost of domestic oil

cost

By John Bestoloffe | Bakken.com The past decade has seen an explosion of drilling into the United States’ shale oil reserves. Many people feel as though the shale boom will make life easier for everyone involved with an added bonus of cheap oil. Although we have transitioned from importing the majority of our oil from countries in the Middle East ...

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Study of Marcellus Shale Assesses Environmental Impact of Production Increase

forest

By: John Bestoloffe , Shale Plays Media The online scientific journal PLOS one recently released a cumulative report on the projected impacts energy development would have on the Marcellus shale.  Estimates from the report state that new natural gas well and wind farm development would cover 1.3 million acres of land, which is larger than the state of Delaware. Each aspect of ...

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Alaska Invests in Bakken Oil Production

alaska

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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Crude Weekly Update

cyclical

Oil Inventories On February 20, the DOE reported the inventories data for crude for the week ended by February 14. Crude oil inventories increased by 0.97 million barrels—lower than analysts’ expectations of a build of 2.21 million barrels. Generally, a smaller-than-expected build of crude storage raises prices higher, as it indicates either stronger demand or weaker supply than expected. However, ...

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How much of our oil industry is going up in smoke?

up in smoke

An epiphany struck when the train collision occurred just outside of Casselton, ND at the end of 2013: Bakken oil is very explosive.  America started worrying about the volatility of Bakken oil and started investigating the cause and looking for an answer that would ensure safe transportation of the countries large quantities of crude. Casselton’s troubles struck just six months ...

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Elevated radiation found in air near New Mexico waste site

nuclear

By Laura Zuckerman Feb 20 (Reuters) – Testing of surface air near an underground nuclear waste site in New Mexico’s desert showed elevated levels of radiation but did not pose a threat to humans or the environment, a U.S. Department of Energy official said on Thursday. Trace amounts of man-made radioactive elements such as plutonium were found at an air-monitoring ...

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Chevron sends Pizza Vouchers

pizza

By: John Bestoloffe , Shale Plays Media On Tuesday, February 11 a gas well owned by Chevron Corp. exploded in the small rural community of Bobtown in the Dunkart Township of Pennsylvania. The explosion was so large that many people in the area of the township felt the explosion happen and thought that it was in their own homes. The flames ...

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Crude Oil Update

stock market

Oil Inventories Nymex crude prices fell on Thursday after a soft U.S. inventory report. On Wednesday the New York-traded oil futures hit a session low of $100.12 a barrel, a high of $100.36 a barrel, and settled at $100.37 a barrel. On the New York Mercantile Exchange, West Texas Intermediate crude for delivery in March traded at $100.20 a barrel ...

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Bluegrass Pipeline opponents raise concerns after Bowling Green sinkhole, Adair pipeline explosion

sink hole

The sinkhole that swallowed eight cars at the National Corvette Museum in Bowling Green on Wednesday and an explosion the next day of a natural gas pipeline in Adair County highlighted what opponents of the Bluegrass Pipeline have warned about for months. The unstable karst topography of Central Kentucky, in which underground streams create sinkholes, and the Adair explosion that ...

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