Irving Oil

Does zero Bakken crude for Irving Oil indicate a trend?

Irving Oil Ltd., operator of Canada’s largest crude oil refinery, has stopped importing crude oil sourced from the Bakken shale formation in North Dakota and shipped by rail in favor of cheaper crudes from such producers as OPEC, “reflecting a shift in crude costs affecting East Coast refiners during a global slump in oil prices,” the Wall Street Journal recently reported.

Crude oil loaders fail in hazmat classification

In their quest for a smoking gun, lawyers developing a class action suit on behalf of the victims of the July 6 calamity at Lac-Mégantic say they have found disturbing evidence that at least some managers in the oil industry knew beforehand that the hazmat classification of mid-continent crude oil for rail transport was systematically bogus.