“Under current policy, where U.S. crude oil exports are restricted, a significant amount of new refining capacity is built.” A new study from the US Energy Information Administration concludes that stopping the 1970s-era ban on crude oil exports would be very good for American refineries. In response to multiple requests over the past years, EIA
Ending American crude oil export ban good for refineries – study Read More »
Canadian oil sands production increasingly shipped to East Coast oil by rail Monthly oil by rail receipts accounted for more than half (52%) of the crude oil supply to East Coast refineries in February. As U.S. and Canadian production of crude oil has increased, crude supply by rail to East Coast (PADD 1) refineries has
Oil by rail shipments are 52% of supply to East Coast refineries Read More »
A train that derailed and caught fire early Wednesday near Heimdal in rural North Dakota was hauling crude from the state’s oil patch, raising questions about whether new state standards intended to reduce the volatility of such shipments are sufficient. The six tank cars that exploded into flames were a model slated to be phased
Heimdal, N.D. explosion amps up debate over oil tanker safety Read More »
EOG Resources says it is positioning itself to be competitive in a “low-price environment” EOG Resources Inc, one of America’s biggest shale producers, says it will frack wells in South Texas Eagle Ford if oil prices stabilize around $65 per barrel. EOG Resources Inc., considered a leader in the U.S. shale oil industry, reported a better-than-expected
EOG Resources will frack in Texas if oil hits $65 a barrel Read More »
Bureau of Land Management underestimating amount of gas vented and flared Significant amounts of natural gas on federal lands are being wasted by the Bureau of Land Management says a new report, costing taxpayers tens of millions of dollars each year and adding to harmful greenhouse gas emissions. The nonpartisan Government Accountability Office also said
Bureau of Land Management wasting natural gas on federal lands Read More »
Midland producers will have new route to refineries in Houston, Beaumont, etc. with Enterprise Products Partners pipeline Enterprise Products Partners L.P. (NYSE:EPD) is building a new new 416-mile, 24-inch diameter pipeline to transport crude oil and condensate from the company’s Midland, Texas terminal to its Sealy storage facility near Houston. “The commitments we received for the Midland-to-Sealy
Midland to Houston pipeline planned by Enterprise Products Partners L.P. Read More »
Oil by rail transport growing rapidly in United States, Canada Finally. The American and Canadian governments announced Friday a new set of safer oil by rail transport regulations, but critics say updated rules aren’t perfect. The two governments worked jointly on the changes because the rail industries in both countries are tightly integrated. Summary of
Oil by rail transport regulations need improving – industry, critics Read More »
Texas Municipal League supports legislation after changes made to allow some local regulation Texas moved Monday to ban municipalities from imposing prohibitions on hydraulic fracturing and other potentially environmentally harmful oil and natural gas drilling activities within their boundaries – a major victory for industry groups and top conservatives who have decried rampant local “overregulation.” Lawmakers in
Texas legislature passes law stopping local fracking bans Read More »
Wind projected to be biggest renewable source for American electricity generation American electricity generation is projected to increase 0.8% annually from 2013 to 2040 and natural gas and renewables are expected to meet almost all of the increase, according to the US Energy Information Administration. American electricity generation from renewable sources provided 13 per cent of U.S. electricity in 2013.
American electricity generation: Natural gas, renewables growing to 2040 Read More »
Rail safety standards include different braking system, retrofits, new speed limits Rail tank cars used to transport crude oil and many other flammable liquids will have to be built to stronger standards to reduce the risk of a catastrophic train crash and fire, under sweeping new safety rules unveiled Friday by U.S. and Canadian transportation
New rail safety standards announced by US, Canada Read More »
