Tight oil transportation looms large for producers, experts say

04/16/2012
US tight oil producers already face challenges in economically getting their high-quality crude to refineries, and transportation logistics will need to be addressed more fully as production grows, experts at an Apr. 3 Washington conference agreed. Some Bakken shale producers already ship their crude by rail to Louisiana to get a price closer to North Sea Brent than to West Texas Intermediate, Hill Vaden, a senior US upstream research analyst at Wood Mackenzie Ltd., told the conference cosponsored by the US Association for Energy Economics National Capital Area Chapter and the Center for Strategic and International Studies. Others seek markets for associated natural gas and gas liquids. &...
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