Forbes, the business magazine of high repute, has an article up by staffer Christopher Helman overlooking the biggest oil field known on earth.  Called the ‘Bazhenov’ the massive territory, as described by lead international oil analyst Oswald Clint, “covers 2.3 million square kilometers or 570 million acres, which is the size of Texas and the […]

It didn’t take long for the oil industry to go to Plan B to get the massive new supplies of Bakken Formation oil in North Dakota and the Canadian Oil Sands to the remaining refineries at the Gulf Coast.  It may not overcome the closing of refineries on the US east and west coasts, but […]