Description

Book Synopsis
North America is experiencing a boom in crude oil supply, primarily due to growing production in the Canadian oil sands and the recent expansion of shale oil production from the Bakken fields in North Dakota and Montana as well as the Eagle Ford and Permian Basins in Texas. Taken together, these new supplies are fundamentally changing the U.S. oil supply-demand balance. The United States now meets 66% of its crude oil demand from production in North America, displacing imports from overseas and positioning the United States to have excess oil and refined products supplies in some regions. This book provides a background of the United States rail transportation of crude oil, as well as discusses the issues it leaves for Congress.

Transporting Crude Oil by U.S. Rail: Background,

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    A Hardback by Rosario S McLaughlin

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      Book details

      Publisher Nova Science Publishers Inc
      Published 1 June 2014
      ISBN-13 9781631178375
      978-1631178375
      ISBN-10 1631178377
      Also in:
      Petroleum, oil and gas industries

      Description

      Book Synopsis
      North America is experiencing a boom in crude oil supply, primarily due to growing production in the Canadian oil sands and the recent expansion of shale oil production from the Bakken fields in North Dakota and Montana as well as the Eagle Ford and Permian Basins in Texas. Taken together, these new supplies are fundamentally changing the U.S. oil supply-demand balance. The United States now meets 66% of its crude oil demand from production in North America, displacing imports from overseas and positioning the United States to have excess oil and refined products supplies in some regions. This book provides a background of the United States rail transportation of crude oil, as well as discusses the issues it leaves for Congress.

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