Energy News Roundup: Oil Trains Delay Grain Shipments, Investors Shun Coal before Oil and More Nuanced Power Pricing Needed
Breaking Energy 2014-08-26
Summary:
As oil production volumes from the Bakken Shale formation zoomed past 1 million barrels, farmers watched their grain inventories pile up because they have not been able to book rail shipping capacity fast enough. This article highlights shifting commodity production, pricing and transportation dynamics as the US oil output renaissance coincides with record grain production.