In The News

Bakken Crude Prices Rise as Railroad Reach Grows
Friday, 12/07/2012

(Gas Daily – December 5, 2012) Bakken Crude Prices Rise as Railroad Reach Grows

http://www.platts.com/

An “export hell” scenario, in which greater liquefied natural gas exports are allowed but crude oil exports are banned, could spell trouble for the US natural gas liquids industry, an industry analyst said Tuesday.  Such a development could bring West Texas Intermediate crude oil down about $20 to between $65/b and $68/b, while lifting the NYMEX Henry Hub gas price by about $2 to $5.75/MMBtu, said Rusty Braziel, president of RBN Energy....

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Oil Train Revival: Booming North Dakota Relies on Rail to Deliver Its Crude
Friday, 12/07/2012

(National Geographic – November 30, 2012) Oil Train Revival: Booming North Dakota Relies on Rail to Deliver Its Crude (by David LaGesse) for National Geographic News

http://news.nationalgeographic.com/news/energy/2012/11/121130-north-dakota-oil-trains/

North Dakota surpassed Alaska this year as the number two oil-producing state. It's thanks to fracking—the extraction of oil from the state's Bakken Shale formation. But all that oil would be stuck in the Midwest without...

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WSJ - Bakken Crude Prices Rise as Railroad Reach Grows
Friday, 10/05/2012

(Wall Street Journal – October 4, 2012) Bakken Crude Prices Rise as Railroad Reach Grows

By Ben Lefebvre -- The rapidly growing crude-oil flow out of North Dakota has broken out of its transportation bottleneck thanks to an expanding railway network, lifting prices for the crude and profits for those who pump it.  The growing availability of the North Dakota crude demonstrates how new sources of crude unleashed by hydraulic fracturing are rapidly changing the U.S. oil market and could help drive down the need for oil imports at refineries along the coasts.

"Rail terminals are...

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WSJ – Getting Back to Work-Energy: The Gas Glut
Tuesday, 09/04/2012

(Wall Street Journal – September 4, 2012) Getting Back to Work-Energy: The Gas Glut

The summer of 2012 may well be remembered as the moment when the business world accepted that abundant and inexpensive natural gas wasn't going away anytime soon. It also marked the turning point when the U.S. energy market began to shake from the consequences.

Coal is hemorrhaging market share to natural gas in power generation. A growing number of companies are switching from diesel fuel to natural gas to run their vehicles. Meanwhile, the renewable-energy sector is facing an uphill fight in...

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NGI - U.S. Awash in NGL and Crude Supplies, Braziel Says
Wednesday, 08/22/2012

(NGI's Daily Gas Price Index - 8/22/12) - With heavy ramifications for Midcontinent energy infrastructure and eventual exports, the United States will find itself with oversupplies of both domestically produced liquids and crude oil from now through 2017, market consultant/analyst Rusty Braziel of RBN Energy LLC told a session of the Colorado Oil and Gas Association (COGA) annual meeting in Denver earlier this month (Aug. 13-16).

All of this has significant pricing and operational implications for the U.S. energy markets as the...

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