Tuesday, December 31, 2013

Update on what is being stated about the oil train derailment.

The oil train hit a train carrying grain. The impact didn't cause the explosion, metal against metal caused the explosion. And the issue is open as to why the oil train jumped off the tracks. I am sure it wasn't to make popcorn with the grain destroyed. 
UPDATED: Dec 31, 2013, 6:51am CST
...No injuries were reported.
The train pulling oil cars hit a train carrying grain, (click here) NBC News reported, causing an explosion. Flames shot 100 feet in the air. Bloomberg said that 21 cars of the train were ablaze Monday night.
Bloomberg reported that by early Tuesday morning, the blaze was small and controllable, with a decision still to made on whether to let the fire burn itself out.
The oil was coming from the Bakken shale in North Dakota. BNSF Executive Chairman Matthew Rose told the DBJ Monday morning that the railway company is hauling roughly 750,000 barrels of oil a day from the Bakken and the Permian Basin in Texas. Rose talked to the DBJ before the derailment....

These numbers are fudged. The Permian Basin is in Texas so it would not be found in North Dakota unless the Permian oil was heading to Canada. To the best of my knowledge domestic American oil is not exported. So, the issue that this was 750,000 gallons of oil from the Bakken formation and the Premian Basin is simply playing with everyone's heads. Somehow, that much oil is suppose to impress the public for some reason.

The Bakken formation doesn't produce as much oil as the Permian Basin. Currently, Permian oil is about 1 million barrels a day. I am not sure how much oil the Permian has, but, at 1 million barrels a day, I can't imagine it will hold up very long.

The questions are: How many barrels a day are needed to satisfy American needs for continued carbon fuels and how much oil is being pumped out of the ground in the USA that is surplus to the demand. Domestic demand. I don't see that American domestic oil should be pumped out until the wells are dry to export it. This country has enough energy demands to keep all the oil men in Texas and Oklahoma wealthy enough.

There is really no reason for American public lands to be drilled and/or fracked if the current supply is enough for the nation's needs. There are generations still young in the USA, so some of this petroleum rightfully belongs to them.

I'll do a little more research about the supply and demand of American domestic oil and gas. But, the three train crashes which took lives in Canada need to be investigated. Three is six months is more than suspicious considering the industry is attempting to bend the arm of the US State Department and the Executive Branch after one set of documents were a conflict of interest when Secretary Clinton was in office. 

There is something here and no one should rest until it is fully known. There was no 750,000 gallons on that train.

Have a better new year.