Oil demand spurs increase in North Dakota air traffic
September 18, 2012

While the state has always struggled to maintain viability due to its relatively far distance from any major metropiltan areas, North Dakota officials are finding an increase in flights to and from the area, with the main attraction being a need for oil. Continue reading

Federal Reserve’s actions may spur oil demand increase
September 13, 2012

In an effort to spur economic turnaround, the Federal Reserve implemented a number of measures to improve the country’s financial condition. As a result, the price of oil rose on Thursday afternoon. Continue reading

Home heating costs expected to decrease, but usage will rise
September 12, 2012

However, despite last year’s mild conditions, predictions of an exceptionally cold winter could negate any cost savings. Continue reading

EIA increases oil consumption projection
September 11, 2012

According to the U.S. Energy Information Administration (EIA), global oil consumption is expected to increase over this year and next year. Continue reading

Measures taken to satisfy increasing crude oil demands
September 7, 2012

An increase in oil demand – spawned by multiple factors – may require collaborative efforts from a number of organizations involved in the extraction and shipment of crude from the Bakken formation. Continue reading