Crude oil from the Bakken Shale formation doesn’t pose special risks to rail transport and shouldn’t require a separate classification regime than other hazardous liquids, North Dakota oil producers said in a study released Tuesday. The report compiled for the North Dakota Petroleum Council, a lobbying group for energy producers in the state, found that Bakken oil is comparable in volatility to gas-rich oils from other shale formations in other regions. The North Dakota oil producers’ study follows a report with similar results issued last week by a refining industry group. Both reports come amid greater regulatory scrutiny of Bakken oil shipments by rail following several fiery accidents over the last year. “There’s nothing wrong with Bakken crude,” Jeff Hume, vice chairman of Bakken producer Continental Resources , said after the study was released. The North Dakota study, which tested 150 crude samples from oil wells and railroad […]