Home / Author Archives: John Bestoloffe (page 20)

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.

Weekly Crude Oil Market Update – Bakken.com

Weekly Crude Oil Market Update This Week’s Prices This week we saw prices move higher after testing the lows printed at $93 dollars. Crude now is trending above the $95 dollar mark and buyers are getting back in control of the crude market. We started this week trading at $93-94 and even with pressure from the U.S. Energy Information Administration ...

Read More »

Analysis: Bakken drillers undaunted by local oil prices under $80

oil

NEW YORK (Reuters) – North Dakota crude oil prices tumbled this month to below the $80-a-barrel “sweet spot” that helps drillers attract capital from other shale areas, yet the Bakken boom shows no signs of slowing. Even though prices have slumped to their lowest in more than a year, output keeps marching ahead thanks to falling operational costs, increasingly efficient ...

Read More »

Canadian company acquires North Dakota fuel distribution business

Canada’s Parkland acquiring SPF Parkland Fuel Corp., which has taken pride in its ability to seize emerging opportunities in the Canadian marketplace, is spreading its wings into the United States with a $110 million purchase of SPF Energy to acquire a North Dakota fuel distribution business. Based in Red Deer, central Alberta, Parkland said it is buying all the outstanding ...

Read More »

Dickinson EMS receives vital aid to alleviate Bakken pressure

Dickinson

Dickinson Ambulance Service receives $183K in grant funds By Katherine Grandstrand on Nov 21, 2013 at 9:11pm Emergency medical services are essential, whether it is in a city or a rural area. Having a skilled emergency medical technician crew can mean the difference between life and death when traveling to a hospital. That’s why the North Dakota Legislature changed the rules to include ...

Read More »

Green Plains buys two ethanol plants

GPRE

Green Plains buys two ethanol plants Sat Nov 23, 2013 10:50am EST   Nov 23 (Reuters) – U.S. ethanol producer Green Plains Renewable Energy Inc said it has completed a previously announced acquisition of two ethanol plants from privately held Ethanol Holding Co. Terms of the deal were not disclosed. The acquisition of the two properties, in Wood River, Nebraska, ...

Read More »

Qingdao oil flow halted as explosion toll hits 47

china explosion

(Reuters) – Crude pipelines have been shut-off in the eastern Chinese oil hub of Qingdao pending safety checks a day after a leak triggered a huge explosion that killed 47 people, a refinery official and state media said on Saturday. Qingdao is one of China’s largest crude oil import terminals, supplying at least two major Sinopec Corp refineries – the ...

Read More »

BNSF makes exponential growth since conception

Teresa Perkins, general director of Petroleum Products for BNSF, recalled when Houston-based EOG Resources had a vision and went forward several years ago to build the first crude unit train facility. BNSF, serving that facility, hauled its first unit train out of Stanley in 2009. Since that time, a number of unit train facilities that BNSF serves have been built ...

Read More »

Oil Boom: Money aside, is it worth the cost?

dark money

For three years, we’ve tracked developments surrounding suspected oil deposits in northwest South Dakota….near Buffalo. We’ve also followed developments regarding the proposed Keystone X-L pipeline; it would go right through central South Dakota. Both would bring big oil into our state…..similar to the oil boom underway in North Dakota; they make upwards of $371 million a year just from oil. ...

Read More »

Making crude oil out of thin air?

magic

By John Bestoloffe There is big news coming out of the Middle East that one of the hottest commodities can be made out of the earth’s two most common elements, carbon dioxide and hydrogen. Energy could see a substantial progression of discovery thanks to a group of researchers at Ben-Gurion University (BGU) of the Negev in Israel. The group reports ...

Read More »

Butte County may be new home of man camps

man camps

BELLE FOURCHE — In North Dakota, it’s a common sight to behold: Man camps, or large camps that provide temporary housing to thousands of oilfield workers, whether it be with recreational vehicles, lodges, or barracks-style modular homes. Soon, man camps may start to rise up in our own backyard. In August, Butte County commissioners came together to address temporary housing ...

Read More »