Subscribe free to our newsletters via your
. Oil and Gas News .




OIL AND GAS
Bakken behind rise in oil-by-rail shipments
by Daniel J. Graeber
Washington (UPI) Nov 13, 2014


disclaimer: image is for illustration purposes only

Crude oil production from North Dakota is more than the U.S. pipeline network can handle, forcing refiners to use rail, a federal report said Thursday.

The Energy Information Administration said in a daily briefing the amount of oil and petroleum products shipped on the U.S. rail system increased more than 10 percent year-on-year.

"Rising U.S. crude oil production, particularly in North Dakota's Bakken shale formation, where pipeline takeaway capacity is limited in moving the state's growing oil volumes to market, is one of the main reasons for this increase in rail shipments of petroleum and petroleum products," EIA said in a daily briefing.

North Dakota's government said oil production in August, the last full month for which data are available, was 1.13 million barrels per day, an all-time high. More than 90 percent of that production came from the Bakken reserve area.

The oil focus for rail means slower movement for other commodity groups. EIA said federal regulators are "closely tracking" U.S. freight railroad traffic.

U.S. Sen. John Hoeven, R-N.D., hosted representatives from BNSF Railway to press for improvements in the state's rail infrastructure in order to relieve the backlog of agriculture shipments.

BNSF this year agreed to invest $400 million in North Dakota rail capacity.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
Wood Mackenzie: Oil exports hinge on U.S. political maneuvering
Houston (UPI) Nov 11, 2014
If nothing happens soon, lifting restrictions on crude oil exports will have to wait until after U.S. presidential elections in 2016, Wood Mackenzie says. U.S. crude oil exports are restricted under legislation enacted in response to the 1970s export embargo from Arab members of the Organization of Petroleum Exporting Countries. There are no restrictions on certain petroleum products li ... read more


OIL AND GAS
Anger as Turkish firm clears thousands of trees to build plant

Global energy system under stress: report

China agrees to target emissions peak 'around 2030': White House

SpeedCast Strengthens Its Global Energy Capabilities

OIL AND GAS
Thales UK orders lithium-ion charging, storage systems for carriers

Chinese power companies pursue smart grids

Putting batteries in a kidsafe coat of armor

Helping general electric upgrade the US power grid

OIL AND GAS
DARPA's EZ BAA Cuts Red Tape to Speed Funding of New Biotech Ideas

New process transforms wood, crop waste into valuable chemicals

Engineered bacteria pumps out higher quantity of renewable fuel

Boosting Biogasoline Production in Microbes

OIL AND GAS
Russia to build two more nuclear reactors for Iran

Drone suspects detained near French nuclear plant released

China's largest uranium mine reports more deposits

Japan local government approves first reactor restart

OIL AND GAS
El Nino chances drop again, lowering chances for bad winter

Climate economics expert urges "critical" investment shift

France, US lead alarm at climate report

Time running out to reach 2 C target: UN climate panel

OIL AND GAS
Funding for Uber could push value past $30 bn: report

QUT leading the charge for panel-powered car

Dongfeng, Huawei partner for Internet-enabled cars

Electric car revs to world record in Switzerland

OIL AND GAS
Obama doubles US troops in Iraq in expanding war on IS

Iraq says foreign trainers 'late' as bombs rock Baghdad

Iraq top diplomat in Turkey to heal wounds post-Maliki

Shiites mark holy day in defiance of jihadists

OIL AND GAS



The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.