ND Oil Could Face Higher Taxes on the West Coast

Oil that arrives Washington and Oregon refineries via ocean tanker is taxed differently than oil that arrives via train. Lawmakers in both states are looking at revising that policy to add more money for managing issues resulting from increased oil-by-train activity.

Read & Share   sourced from: KUOW.org

Industrial Commission Approves Stricter Oil Shipping Standards

The new regulations are designed to reduce the volatility of Bakken crude. The new rules take effect April 1st. Get the details on the new restrictions in this informative article.

Read & Share   sourced from: Bismarck Tribune