Undoubtedly meant to make rail transport uneconomical, and thus undercut the boom.
More expensive oil, because Obama won’t approve Keystone.
Dint even waste my time tryin to splain.
Keystone supporters should display a death count for all the lives lost (so far) due to the delay of the pipeline.
http://eaglefordtexas.com/news/id/141774/ndic-decide-oil-conditioning-standards-tomorrow/
North Dakota regulators have been debating whether or not to require crude conditioning practices at well sites prior to shipment in order to increase transportation safety. Most oil companies think it is too costly and unnecessary. The decision was delayed last month, but Forum News Service reported that at 3 p.m on Tuesday the commission will hold a meeting to make a decision. The order would require special equipment to separate butane and propane from the crude. Each well site would have to reach a certain vapor pressure level. This concerns oil companies because they believe that it would not only cost more to run the site, but the risk of fires is greatly increased. If passed, crude conditioning standards would be mandatory as soon as Feb. 1 of 2015.
Due to a recent expose released by The New York Times, the Industrial Commission has been under much scrutiny for how so few regulatory policies in the state are enacted. It will be interesting to see how they handle this controversial topic. Oil conditioning is a common practice in other heavy production areas such as Texas. Another interesting topic that might be discussed at the meeting will be if falling crude prices will slow production and if the implementation of these standards will only make the situation worse.
This isn’t a bad idea (if you accept the premise that the oil has to be shipped by rail) — and it needn’t cost much. It might even be a money maker.
The volatile compounds — propane, butane, etc. are valuable, if there’s a means to ship them to market. Regardless, the heat for the “filtering” process (essentially, the evaporation part of a distillation process), could be provided by the burning the volatile compounds.
That said, a better idea would be to ship the stuff by pipeline, rather than by rail.
Just so they sell or use the NGL’s and not just flare it off.
Probably trying to rid it of Butane and other volatile natural gas liguids
NGL are very valuable as feedstock in petro chemicals.....
this is because of buffett’s railroad. Obama blocks keystone. the crony rail owners make profits by restricting advancing tech.
see reardon metal.
What I assume to be the trains with Bakken oil have begun to travel from north to south along I-25, through Denver and south.
Each train has something I’ve never seen before, a box car between the tank cars and the engine at each end of the train.
I presume that is to keep the oil a distance from the engines.