North Dakota's Bakken Shale Oil in Search of New Markets

SUGAR LAND--December 31, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Initially lauded as a beacon of an energy-independent North America, the Bakken shale play has lost much of its luster in the wake of plummeting oil prices and its geographic isolation. Thanks to competing light-oil plays closer to the Gulf Coast refining hub, Bakken crude is finding more marketability with refiners on the East and West coasts. As a result, shipping by rail is the preferred method of delivery.

Within this article: Details on major Bakken projects, including the Thunder Butte Refinery and TransCanada Corporation's (NYSE:TRP) Energy East Pipeline.