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Opinion: The Dark Side Of The Shale Bust

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The fallout of the collapse in oil prices has a lot of side effects apart from the decline of rig counts and oil flows. But North Dakota was experiencing a lot of the negative side effects of an oil boom even before prices crashed. By Nick Cunningham of Oilprice.com.

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State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

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The difference between WCSB oil sands and heavy Mexican and Venezuelan crudes is narrower than lighter crudes, such as Middle Eastern Sour. Thus, the SEIS concludes, the life-cycle carbon footprint for transportation fuels produced in US refineries would increase if the Keystone XL project were approved. MMTCO 2 e annually.

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State Department releases Keystone XL Final Supplemental Environmental Impact Statement

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Over the long term, lower-than-expected oil prices could affect the outlook for oil sands production, and in certain scenarios higher transportation costs resulting from pipeline constraints could exacerbate the impacts of low prices. During operations, approximately 1.44

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White House: OPEC+ oil production increases “simply not enough”

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The EIA noted that concerns about decreased demand because of increasing COVID-19 cases have recently driven crude oil prices down, offsetting some initial price increases due to larger inventory draws. As a result, EIA’s crude oil price forecast remains mostly unchanged from the July STEO.

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