Bakken oil has been significantly lower than WTI because of the area's lack of pipelines and infrastructure necessary for transporting. However, EOG Resources (NYSE:EOG)is one company that's been ahead of the curve on this issue and is doing very well in the energy space as a result. EOG has its own transportation system set up and can therefore move its own oil to either Cushing, Okla., (where the WTI price is) or to St. James, La. (for LLS pricing). In the following video, Fool.com analyst Joel South discusses additional advantages unique to EOG Resources, as well as what it will take for oil prices to eventually align down the road.
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