Sentences with phrase «bakken shale oil»

Five people are confirmed dead and 40 people remain missing in the small hamlet of Lac - Megantic, Quebec, where a train with 73 carloads full of Bakken shale oil derailed explosively, incinerating 30 buildings on Saturday.

But rather than prepare for a change in our daily doings, such as rebuilding the railroad system or promoting walkable neighborhoods over suburban sprawl, we tell ourselves fairy tales about how the Bakken shale oil play will make America «energy independent» to provide the illusion that we can keep driving to WalMart forever.

Some of the biggest fossil fuel deposits in North America lie to our East: Powder River Basin coal, Bakken shale oil, and Alberta Tar Sands.

The proposal is the latest in a series of planned pipelines and expansion projects as a flood of crude from the oil sands and the Bakken shale oil field stretches existing networks.

Another is Harold Hamm, owner of Continental Resources, who opened up the Bakken shale oil fields and supports Republicans.

The companies say the pipeline would carry Bakken shale oil more cheaply and safely from North Dakota to Illinois en route to U.S. Gulf Coast refineries than it could be shipped by railroad or tanker trucks.

Not exact matches

For the second consecutive quarter, Continental bested rival Whiting Petroleum Corp to be the largest oil producer in the Bakken, solidifying that crown and its place as one of the most - prolific U.S. shale companies.

The largest oil producer in North Dakota's Bakken shale formation posted a net profit of $ 15 million, or 16 cents per share, in the quarter ended March 31, compared with a loss of $ 87 million, or 96 cents per share, a year earlier.

The U.S. can produce as much shale oil as it wants, but its Gulf Coast refineries are geared toward heavier kinds of crude that can easily process oil sand bitumen but aren't geared toward the lighter crude coming out of, say North Dakota's Bakken play.

When fully connected to existing lines, the line would be the first to carry crude oil from the Bakken shale directly to the U.S. Gulf.

Workers with Raven Drilling line up pipe while drilling for oil in the Bakken shale formation outside Watford City, North Dakota.

Production is growing not just in Canada's oilsands but in the huge Bakken oilfield shared by Saskatchewan and North Dakota, and in the oil shales of the Rocky Mountain states.

Protesters have been buoyed by the recent success of Native American groups and environmentalists in their campaign against construction of the 1,100 - mile (1,770 - km) Dakota Access pipeline, a project spearheaded by Energy Transfer Partners (etp) that would carry oil from North Dakota's Bakken shale fields into Texas.

Refiners in the U.S. Midwest, Ontario, Alberta, B. and Washington get their raw material from the Western Sedimentary Basin, production from which is growing thanks to the Alberta oilsands, the Bakken field in Saskatchewan and North Dakota and oil shales in the Rocky Mountain states.

Advances in horizontal drilling and hydraulic fracturing over the past 20 years led to a U.S. energy boom in «unconventionals,» a category that includes the shale gas and «tight» oil found in shale fields like the Cretaceous Eagle Ford and Mowry and older ones like the Barnett and Bakken.

Getty Images Floor hands work on an oil rig in the Bakken shale formation outside Watford City, North Dakota.

Most of the shale oil in the Bakken is sweet, or low in sulfur.

His company, Knightsbridge Risk Management, a private security firm in Dallas that serves the oil and gas industry, is getting calls from companies that want to plan ahead in case they shut down drilling operations in North Dakota and the Bakken shale formation.

The boom in unconventional fuels — such as bitumen extracted from Alberta's tar sands and oil extracted from North Dakota's Bakken shale formation by hydraulic fracturing («fracking»)-- has swelled global reserves even as climate scientists issue ever - sterner warnings that burning more than a small fraction of these reserves would be suicidal.

According to UBS, oil at US$ 45 «slows most U.S. shale plays,» and the Bakken, the Eagle Ford, and the Niobrara struggle below US$ 45.

Since 2008, he's called practically every major shale play before the mainstream press got wind of them — including the now - famous Bakken oil formation and the companies that have raked in billions in profits for their shareholders.

Many local towns and cities have expressed opposition to the project, citing the local dangers of pipeline leaks and wider implications of fracking (the oil bound for the Pilgrim Pipeline originates from the Bakken shale in North Dakota, the same deposits that have increased the volume of oil carried by trains and barges through the Hudson Valley to New Jersey refineries).

That was the case with several recent derailments involving trains carrying North Dakota Bakken shale crude oil exploding violently.

Roosevelt, which lies in the heart of the Bakken shale formation, is surrounded by oil and gas development.

Increased water use in the rapidly growing oil industry in North Dakota's Bakken oil shale region, or play, is surprisingly due not only to oil well development but also to people, according to a recent study by the U.S. Department of Energy's (DOE) Argonne National Laboratory.

The Bakken is a shale oil deposit underlying parts of North Dakota and Montana in the United States, and Saskatchewan and Manitoba in Canada.

Yet another train carrying volatile crude oil from the Bakken shale formation in North Dakota derailed yesterday, this time in northwestern Illinois near the historic tourist area of Galena overlooking the Mississippi River.

The recent growth in unconventional oil production from the Bakken (North Dakota), Eagle Ford (Texas) and other tight oil plays has drawn attention to the potential of shale in California's Monterey Formation.

With oil prices now below $ 50 a barrel, I think it's safe to say that TV has missed its chance to come up with a relevant, compelling drama about the Bakken shale boom and the fascinating rush mentality it brought to small cities and towns in North Dakota and eastern Montana.

The growth in oil production in the US has almost entirely resulted from increased production out of Eagle Ford and Bakken shale.

In many respects, North Dakota has been the top success story in the U.S. over the past couple of years, thanks to the huge impact of oil and gas development in the Bakken shale formation.

In case you missed it, the oil was being carried from America's new oil patch, the Bakken shale fields of North Dakota, to a St. John, New Brunswick, refinery that, according to the owner, Irving Energy, sends more than half of its 300,000 daily barrels of petroleum products back across the border to the northeastern United States.

On Twitter, Jeff Tollefson, a reporter for Nature who's written on pollution from America's shale boom, pointed to the Bakken oil fields as illustrating why tighter rules for existing industry facilities is vital:

Oil from the Bakken shale formation is one reason why North Dakota has one of the lowest unemployment rates in the nation, at 3.2 percent in June.

The Democratic governor of Missouri, Jay Nixon, announced this week that he favors construction of the Keystone XL pipeline to bring crude from the Canadian oil sands and our own Bakken shale region to refineries along the Gulf Coast.

In North Dakota, where oil drillers lack the equipment and pipelines to capture the gas that accompanies extraction of crude, the practice of flaring off the methane lights up some areas over the Bakken shale like big cities at night.

Low oil prices will incentivize the rapid transfer of what has been learned refracking shale gas plays for use in more liquids - rich plays like the Bakken and Eagle Ford.

But I'd get ready for Bakken and Bazhenov shale oil in the decades to come.

But for potential foreign purchasers of that oil, the key question is how much extra it will cost to extract the dirty compounds in Alberta bitumen so that its quality matches export oil being produced at high - grade, low - cost US shale formations like the Bakken, Permian, and Eagle Ford.

The North America oil industry is experiencing explosive growth, with transport of volatile crude oil on rail from Bakken shale fields of Montana and North Dakota increasing more than 2000 percent in just four recent years.

$ 1 million unconventional oil and gas research program, which gathers critical data on the extreme impacts of fossil fuel development in the Marcellus and Bakken shale regions.

Historically, fracturing in California has been used in vertical wells — not in combination with the horizontal drilling techniques that have wrested oil from North Dakota's Bakken and natural gas from the Barnett shale of Texas or Marcellus shale in Pennsylvania.

Close to Canada, North Dakota has a booming economy due to the Bakken oil shale fields located in the western half of the state.