Tuesday, March 4, 2014

Domestic Crude Oil Drives a Cautious Refining Revival

Clifford Krauss reports on the U.S.’s ever-expanding oil and gas industry, and what it means for communities who support the industry across the country. Though the article reports on plans for expansion and new refining capacities in Utah, it does not report on the unique situation faced in  Utah’s oil-and-gas-producing Uintah Basin Region. Because of a lack of immediate refining capacities and no rail infrastructure, oil companies operating in Duchesne and Uintah Counties need to have extracted crude trucked to refineries in Salt Lake City (over 150 miles away). When faced with excess supply, that is, crude that cannot be entirely accommodated by the semi-local refineries, the excess is trucked 100 miles to a rail port in Price, UT which then gets railed all the way to refineries in Texas. New York Times