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Corrosion may have led to North Dakota pipeline leak: regulator
Posted by Reuters: Selam Gebrekidan on October 11th, 2013
Reuters: Initial investigations following a 20,600-barrel leak on Tesoro Logistics LP pipeline in North Dakota point to corrosion on the 20-year-old pipeline, state regulators said on Friday.
The six-inch pipeline was carrying crude oil from the Bakken shale play to the Stampede rail facility outside Columbus, North Dakota when a farmer discovered oil spouting from the pipeline on September 29.
This is the largest oil spill in the state since it became a major U.S. producer. It is the biggest oil leak...
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After first-half surge, U.S. drillers find respite in guar wars
Posted by Reuters: Selam Gebrekidan on July 20th, 2012
Reuters: U.S. oil and gas drillers are finally catching a break from the surging cost of a tiny seed at the heart of the nation's oil and gas bonanza.
After a surprise three-fold price surge in the first five months of 2012, which roiled earnings for oil services firms and threatened to stall the domestic boom, the price of guar gum -- used to thicken the slurry of water, sand and chemicals that is pumped into wells during hydraulic fracturing -- has halved over the past few weeks.
Prices have tumbled...