California Demand for Oil via Rail will Increase

Production for Baaken and the Canadian oil sands continues to increase faster than pipeline and transportation capacity. E&Ps like Continental Resources (CLR) and Oasis Petroleum are all trying to find increased transportation capacity. The lack of transportation capacity crated a discount between oil from this region and WTI. Bakken crude trades at around $89 per [...] California Demand for Oil via Rail will Increase is a post from: The College Investor . Please check out the site at http://thecollegeinvestor.com or follow him on Twitter @CollegeInvestin . Thanks!