rail terminal

Crude by rail is shifting to the West Coast in a big way.  By the end of 2012 unit trains carrying light sweet Bakken crude had begun to flow to Washington State refineries. In 2013 West Coast refiners and terminal operators have continued investment in terminals to receive oil from the Bakken and Western Canada. Today we survey developing West Coast crude rail terminals.

The latest crude production estimates from North Dakota show continued growth to a new record of nearly 770 Mb/d in December 2012. The North Dakota Pipeline Authority estimates that 64 percent of that crude was transported to market by rail in December – up from 58 percent in November. Today we continue our survey of North Dakota crude rail loading terminals with an in-depth look at three facilities that between them can load 250 Mb/d of crude.

PBF Energy Inc is a private company that bought three US refineries with 0.5 MMb/d capacity in the past two years and now plans to go public.

Move over old dog ‘cause a new dog’s moving in.  That dog would be crude oil from North America producers -- mostly light-sweet crude from the Bakken – moving by rail to Albany and on to other points east.  Not only is it a good market for Bakken