Speculations and myths regarding Bakken crude oil and its potential volatility have been rampant over the last several months and is the top issue being addressed by the entire petroleum industry. 1,057 more words
Tags » Bakken Shale
Shale: It Ain't So! US Energy Independence 'Not Guaranteed' by Drilling Continental United States 'to Extinction'
WASHINGTON (CBS/AP) — Thousands of older rail tank cars that carry crude oil would be phased out within two years under regulations proposed Wednesday in response to a series of fiery train crashes over the past year, including a runaway oil train that exploded in the Quebec town of Lac-Megantic, killing 47 people. 434 more words
Whiting Petroleum agreed to buy smaller rival Kodiak Oil & Gas in a $6 billion, all-stock deal, the company announced Monday.
The purchase will form the largest producer and the second-biggest leaseholder in the Bakken shale and Three Forks oil region of North Dakota, which has become the second-most important state in the union for oil output after Texas, with… 252 more words