Tag Archives: crude oil prices

Rail Tops Pipelines as Bakken Crude Oil Transport

Prospects for U.S. Railway transport industry gets brighter as U.S. shale production in Texas, North Dakota, and Montana continue to boom.

Read more

Low Crude Oil Prices Favor Mid-to-Southwest Refiners

Oil refiners doing business in Southwest and Midwest of the US post significant gains from oversupply and cheap crude.

Read more

OPEC Wary of US Oil Output Estimates

OPEC says America’s oil projections for 2013 are very contingent on shale. Shale longevity issues could be a downside.

Read more

Alaska Senator Bares Plans for US Oil Independence

Alaska’s Murkowski bares plans that may help the U.S. achieve oil independence calling for expanded oil drilling and reduced bureaucratic delays.

Read more

Hess to Exit Oil Refining and Storage Businesses

Hess divests from oil refining and storage businesses to focus on more profitable oil exploration and production ventures.

Read more

Rock-bottom Prices of Canadian Crude Trigger Budget Cuts

Alberta stands to lose C$6 billion in revenues as the Canadian crude price plunges further. Surging U.S. oil output cited as main cause

Read more