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Tag Archives: crude

Oil train classroom-on-rails trains responders

oil train

ALBANY, N.Y. (A.P) — A train equipped with four oil tankers and two classroom cars is making a whistle stop at the Port of Albany as part of a multi-state tour providing enhanced safety training in response to increased shipments of North Dakota crude oil. Albany has become a major hub for shipping the crude oil, which arrives daily in ...

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This Crude Life: In the shadows of giants

By Zach Koppang | Shale Plays Media In a feeble attempt to avoid having to participate in another day, I hit the snooze button on a clock radio several times. Another alarm chimes, encased in a cell phone, and is promptly silenced with an oily fingerprint smeared across the screen. I secure rubber soles to my feet and embark into ...

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Alberta oil sands output to nearly double by 2023 – regulator

By Nia Williams Alberta, Canada (Reuters) – Crude production from Alberta’s oil sands is forecast to nearly double to 4.1 million barrels per day by 2023, the Alberta Energy Regulator (AER) said on Thursday. In its annual supply and demand outlook the AER, which regulates the Canadian province’s oil and gas industry, said raw bitumen production will rise 95 percent ...

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Railway safety faces “kinky” new problem

Shane Thielges | Shale Plays Media A series of recent train derailments has sparked a national conversation on the safety of the nation’s railway system, especially in regards to transporting volatile substances like crude oil. Now an unlikely candidate threatens to add another hurdle to the race for safe transportation: global climate change. The worldwide shift in weather patterns has ...

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Oil little changed ahead of US supply report

stock

The Associated Press The price of oil was little changed below $103 barrel Thursday as traders awaited confirmation of a large rise in U.S. crude stockpiles. By early afternoon in Europe, benchmark crude for July delivery was down 4 cents to $102.68 a barrel in electronic trading on the New York Mercantile Exchange. On Wednesday, the Nymex contract dropped $1.39 ...

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Industry: Bakken oil not more risky than others

James MacPherson and Matthew Brown | Associated Press BISMARCK, N.D. — Oil industry representatives are pushing back against tougher rules for rail cars carrying crude despite a string of fiery accidents and insisting that oil shipped by train from the Northern Plains is no more dangerous than some other cargoes. An industry-funded report released Tuesday said the volatility of Bakken ...

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