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Archive by month: 2018-12Return

What an Oil Boom in West Texas Means for Transport of Crude

Although the market price of West Texas Intermediate Crude Oil (WTI) has fallen significantly since earlier this year – especially since highs in early to mid-summer – producers are faced with an ongoing problem: production is currently exceeding transport capabilities.
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Which is Safer for Transporting Crude Oil: Rail, Truck, Pipeline, or Boat

While this would seem to be a straightforward question – with a similarly straightforward answer – it’s not that simple. Specifically, the question has a more granular level when trying to determine which is safer – i.e., “better or worse.” In terms of death and destruction? In the amount of oil released from the transport mode? In the amount of environment contaminated or habitat destroyed? In the amount of CO² released?
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