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Bakken oil isn't stabilized to make it less volatile, raising risks
SeekingAlpha ^ | 7 Jul 2014

Posted on 07/07/2014 5:01:21 PM PDT by shove_it

Energy companies invested hundreds of millions of dollars when they started extracting oil from shale formations in south Texas a few years ago to make the volatile crude was safer to handle, but the failure to do so at the Bakken shale is coming back to haunt the oil industry as the U.S. government seeks to prevent fiery accidents of trains containing North Dakota oil.

Only one stabilizer, which can remove the most volatile gases before transport, has been built in North Dakota and it hasn't begun operation, according to a WSJ review; if the government mandates the use of stabilizers, companies would have to make big investments in equipment which could slow Bakken's development.

Oil producers are fighting the perception that the biggest risks come from Bakken crude, almost all of which is moved by rail, but safety officials and lawmakers say the dangers extend far beyond North Dakota.

Top Bakken producers include CLR, EOG, KOG, WLL, HES, XOM, OAS, NOG, EOX, MRO.

(Excerpt) Read more at seekingalpha.com ...


TOPICS: Business/Economy; Government; US: North Dakota
KEYWORDS: energy
Regulators have shut down the pipeline, now they have a target on rail transport of crude oil.
1 posted on 07/07/2014 5:01:21 PM PDT by shove_it
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To: shove_it

This is setting off my BS meter.


2 posted on 07/07/2014 5:03:33 PM PDT by henkster (Do I really need a sarc tag?)
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To: shove_it

Yes, and it’s highly flammable as well. And it can cause dermatitis if you come in contact with it.


3 posted on 07/07/2014 5:07:23 PM PDT by Steely Tom (How do you feel about robbing Peter's robot?)
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To: shove_it
Regulators have shut down the pipeline, now they have a target on rail transport of crude oil.

Jeez, I thought Buffet was safe on this. (His railroad is transporting a lot of th oil).

4 posted on 07/07/2014 5:10:57 PM PDT by Pearls Before Swine
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To: Pearls Before Swine

Buffet is merely another useful idiot to The Regime.


5 posted on 07/07/2014 5:13:16 PM PDT by shove_it (long ago Orwell and Rand warned us of Obama's America)
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To: Steely Tom
So, Bakken is sweet crude with valuable light fractions (as in "casinghead" natural gasoline).

Just build local refineries to harvest the light goodies -- and ship the remaining heavier crude to where plants are equipped to "crack" and deal with it...

This article is

Pure ecoweenie FUD!!!


6 posted on 07/07/2014 5:14:20 PM PDT by TXnMA ("Allah": Satan's current alias... "Barack": Allah's current ally...)
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To: TXnMA
Now then... you can't have a bunch of local yokels running around on drip gas. They might get uppity and figure out they don't need the federal government.

/johnny

7 posted on 07/07/2014 5:17:11 PM PDT by JRandomFreeper (Gone Galt)
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To: Pearls Before Swine
Warren doesn't just own the railroad.

He owns the mfgr of railroad tank cars and is swamped with orders.


8 posted on 07/07/2014 5:22:50 PM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: JRandomFreeper
LOL!! "Drip Gas"... I can see you've been around the oil patch!! '-)

I grew up in an Humble Oil Co "camp" (residential area )...

During the gas rationing of WWII, my dad ran our old "beater" Model "A" on "casinghead 'drip' gas" -- and saved the rations for the "good" car...

Most of the field guys did the same: as best I can recall, every "christmas tree" had a "drip gas" can... '-)

9 posted on 07/07/2014 5:27:43 PM PDT by TXnMA ("Allah": Satan's current alias... "Barack": Allah's current ally...)
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To: TXnMA
Not really. But I am a culinary school graduate. ;)

/johnny

10 posted on 07/07/2014 5:30:31 PM PDT by JRandomFreeper (Gone Galt)
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To: TXnMA; JRandomFreeper

My dad worked for Texaco and told me stories of old Kansas farmers who would come around the wells where he was the pumper to get some “drip” for their Model A pickups. His brother-in-law was the operations engineer for the Texaco natural gasoline plant near Atlanta KS, later transferred to operate a plant near Perryton in the Texas Panhandle where he retired in the 1960s, returning to KS. I didn’t know that such plants were still part of regular oilfield operations these days.


11 posted on 07/07/2014 5:56:55 PM PDT by T-Bird45 (It feels like the seventies, and it shouldn't.)
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To: TXnMA

Clear as water with an octane rating of about 75 or 80. Clatters like hell in a vehicle with any compression. But if you don’t have to be in a hurry it will get you there.

Pre-ignition so bad it sounded like you threw a handful of ball bearings down the engine.


12 posted on 07/07/2014 6:20:57 PM PDT by biff (WAS)
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To: biff
"Pre-ignition so bad it sounded like you threw a handful of ball bearings down the engine."

LOL!! That brings back memories! You ought to try to hand-crank one of those beasts! Invitation to a broken arm...

13 posted on 07/07/2014 6:27:20 PM PDT by TXnMA ("Allah": Satan's current alias... "Barack": Allah's current ally...)
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To: biff

Reminds me of the time I ran out of gas and poured in a half gallon of Coleman lantern fuel. It clattered but ran. A low compression ratio helps, I think.


14 posted on 07/07/2014 7:58:01 PM PDT by Sicvee (Sicvee)
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