Bakken crude safe for rail transport, industry group says

|By:, SA News Editor

Bakken crude oil is similar to other North American light, sweet grades and does not pose a greater rail transportation risk than other transportation fuels, according to a report compiled for a North Dakota energy producers lobby group.

The study shows Bakken crude is more volatile than heavier oils such as from Canada’s tar sands, but is similar to light crudes produced elsewhere in the U.S., with characteristics that fall well within the margin of safety for the current tank car fleet.

The oil producers' study follows a report with similar results issued last week by a refining industry group.

Among Bakken producers: CLR, EOG, WLL, HES, KOG, OAS, NOG, EOX, MRO.