New Drilling Method Opens Vast U.S. Oil Fields

Associated Press via 2/10/2011

A new drilling technique is opening up vast fields of previously out-of-reach oil in the western United States, helping reverse a two-decade decline in domestic production of crude.

Companies are investing billions of dollars to get at oil deposits scattered across North Dakota, Colorado, Texas and California. By 2015, oil […]

New Pipeline is Good News for the Energy Sector

John Verum Serum 11/5/2010

Yesterday, Plains All American Pipeline LP of Houston announced plans to build a one hundred mile pipeline to the Bakken oil field in North Dakota. The new pipeline is expected to deliver 50,000 barrels of oil per day, a figure which may expand to 75,000 bpd later. For comparison purposes, the […]