Oil from the Bakken shale has increasingly become the preferred oil over West Texas Intermediate, or WTI, by refineries all over the world. And, because there is so much explosive growth in production in the Bakken and the midstream oil transport capacity can't keep up, the oil is selling at a premium. In this video, Motley Fool energy analyst Joel South talks about what this means for WTI, and why he thinks Bakken oil will soon be the U.S. standard.
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Bakken Oil vs. WTI Oil
NYSE: WLL
Whiting Petroleum

How long will the WTI remain the U.S. oil standard?
Joel South, Taylor Muckerman, and The Motley Fool have no positions in the stocks mentioned above. Motley Fool newsletter services recommend Enterprise Products Partners and ONEOK. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Stocks Mentioned





*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles





Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.