, Nov 13 (Reuters) – North Dakota’s energy
regulators proposed standards on Thursday to remove volatile
elements from all crude oil produced in the state, part of a
response to concerns about the safety of crude-by-rail
Gov. Jack Dalrymple and the two other members of the North
Dakota Industrial Commission opted to delay approval until at
least December, however, but appeared likely to support the
spirit of the proposal: effectively requiring oil producers to
boost the temperature at which they heat crude oil to remove
propane, butane and other volatile elements.
, Nov 13 (Reuters) – Falling oil prices have
spooked Wall Street and even parts of Texas. But in North
Dakota’s booming oil patch, the crude-fueled party carries on.
Since June, the price of crude oil has fallen 30 percent to
about $75 a barrel, raising fears that oil production would slow
across the United States. But you wouldn’t know it here. The
state’s economy remains the fastest growing in the nation,
thanks to more than 1 million barrels of oil produced each day.