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 ...
This is setting off my BS meter.
Yes, and it’s highly flammable as well. And it can cause dermatitis if you come in contact with it.
Jeez, I thought Buffet was safe on this. (His railroad is transporting a lot of th oil).
Buffet is merely another useful idiot to The Regime.
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
/johnny
He owns the mfgr of railroad tank cars and is swamped with orders.
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... '-)
/johnny
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.
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.
LOL!! That brings back memories! You ought to try to hand-crank one of those beasts! Invitation to a broken arm...
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.
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