Posted in: Commentary,
by Gregg Laskoski on Jan 1, 2014 06:00 AM
All too rapidly a remarkable year has come to a close and a new one begins.
We're in the midst of a North American energy boom. Vast new deposits of crude oil will be tapped as the Energy Information Administration (EIA) says the Bakken crude oil production from N. Dakota now exceeds 1 million barrels per day.
Canada continues to be the most reliable and deepest source of crude oil to the U.S. and now provides more crude than all the OPEC nations combined. Still, we have great needs for pipeline and rail transportation and infrastructure to 'catch up' and make lower cost crudes available to more markets.
And yet, we must learn from events like the derailment in Quebec of the Montreal, Maine & Atlantic Railway train that was hauling Bakken crude to the east coast. Safety for all must be the paramount concern.
In the year ahead we look forward to sharing our price data with all of you and hearing from even more of you. When GasBuddy was started in 2000 we could never have imagined where we'd go. You have brought us to where we are today.
It’s been your enthusiasm and participation that has helped GasBuddy to save money for millions of people at the pump in 2013. We are deeply grateful to all of you.
The GasBuddy team wishes all of you health and happiness in the New Year!!