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Tag Archives: bakken oil

U.S. won’t weaken oil-train public disclosure rules

Responding to congressional and public criticism, federal regulators said Friday they would not weaken rules requiring certain disclosures about trains transporting crude oil and other hazardous materials. The Inquirer reported this week that new oil-train rules issued May 7 — to go into effect in October — by the U.S. Department of Transportation would end a 2014 requirement for railroads ...

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Bakken schools keeping eye on low, fluctuating oil prices

BISMARCK, N.D. — Some school administrators in North Dakota’s Bakken oil region are keeping an eye on student enrollment as oil prices fluctuate and some families leave for work elsewhere. Officials at schools in Dickinson, Tioga, Ray, Williston and Parshall are watching some students leave along with the drilling rigs as oil prices stay low. But others, like in Watford ...

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Canadian crude proves perfect partner to U.S. shale: Kemp

John Kemp is a Reuters market analyst. The views expressed are his own. LONDON – U.S. refineries are processing record quantities of heavy crude from Canada as the perfect complement to light oils from North Dakota and Texas as they struggle to keep their average blend steady. Crudes vary enormously – from low-density oils with few impurities to much denser ...

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Virginia fines CSX $361,000 for Lynchburg derailment in 2014

RICHMOND, Va. — Virginia environmental officials proposed a $361,000 fine Monday against CSX Transportation for an April 2014 train derailment in Lynchburg that dumped nearly 30,000 gallons of Bakken crude oil into the James River. The April 30 derailment saw 17 tankers derail, with three going into the James. The state Department of Environmental Quality said one tanker breached, with ...

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Talking the Bakken

Last week at the MonDak Energy Alliance meeting, members of the oil and gas industry presented the current state of the industry and particularly the Bakken, reports The Williston Herald. The event was hosted at the Grand Williston Hotel and one of the four speakers, Stephen McNally, Hess Corp’s general manager of North Dakota operations, commented on the ingenuity of ...

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Layoffs in the Bakken and a shifting economy

As the oil price slump persists consumers are reaping the benefits of lower fuel costs. Towns like Williston, however, with economies structured around the oil and gas industry, are beginning to see the effects of the nation-wide drilling slowdown. A recent report from CNN Money examines how the slowdown is beginning to affect workers in the Bakken oil formation of ...

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