Crude Oil Price Drop: Pipes Related to Expensive Oil Production Take a Hit

SUGAR LAND--March 19, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--While many analysts are worried about the high cost of production in the Bakken and other shale plays, where extraction costs are higher than traditional wells, there are other sources that are being hit. Enhanced oil recovery (EOR), a process which injects carbon dioxide (CO2) into older wells to extract the remaining oil reserves, has seen a drop in producer demand for takeaway infrastructure.

Within this article: How falling oil prices are affecting North American extraction and pipeline project development.

Additional companies: Denbury Resources (NYSE:DNR), Kinder Morgan Incorporated (NYSE:KMI)