Will Soft Crude Oil Prices, New Safety Rules Boost Fortunes of Bakken Pipelines?
Attachment: North Dakota Bakken Prices, Bakken Rail Cars
SUGAR LAND--February 20, 2014--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Spectacular industrial accidents can rapidly overturn the fortunes of entire industries. Continued growth in crude oil production in the Bakken Shale, coupled with the virtual certainty that railroads face additional safety regulation after a recent string of derailments, accidents and fiery crashes of railcars carrying crude oil, may change the way crude oil is transported out of North Dakota.