ALBANY, N.Y. (AP) — Sen. Charles Schumer wants federal regulators to quickly finalize a rule establishing volatility standards for crude oil shipped by rail.
Schumer says federal data show shipments of Bakken crude across New York state to Northeast refineries is again on the rise. The crude oil comes from the Bakken shale formation in North Dakota. The U.S. Energy Information Administration reports that Northeast refineries used 3.1 million barrels in March, the highest level since early 2017.
