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GasBuddy News Article

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Rail trumps pipeline for oil companies

Bismarck Tribune -- When Oneok Partners LP recently pulled its proposed $1.8 billion, 1,300-mile pipeline -- to connect North Dakota’s Bakken crude oil production with refineries in Tulsa, Okla. -- many people here were caught off guard. There had been a steady drum beat of demand for more pipelines to get the state’s crude to market and reduce price discounting for sweet Bakken crude.


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Submitted Dec 07, 2012 By: ggwbike
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Rail trumps pipeline for oil companies Back to Topics
REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

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Message Posted: Dec 12, 2012 4:59:13 AM

in light of the W. VA explosion / fire after pipeline burst, rail may just be safer.
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honda0105
Champion Author Tallahassee

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Message Posted: Dec 11, 2012 4:55:25 AM

rail right now is more flexible.
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BurntOrange
Champion Author Austin

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Message Posted: Dec 9, 2012 5:08:57 PM

Rail clearly adapts quickly.

However, derailment = spill and costs are higher.

Of course, given how the energy picture is changing, I can certainly
see where one may worry about how useful a pipeline may be 20 years from now.
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Bill100
Champion Author Grand Rapids

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Message Posted: Dec 8, 2012 4:28:55 AM

Rail does offer more options, but pipelines are by no means a thing of the past.
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iFueler
Champion Author Durham

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Message Posted: Dec 8, 2012 2:33:01 AM

US rail network does offer flexibility
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jcurley
Champion Author California

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Message Posted: Dec 8, 2012 1:06:45 AM

As the article states:

"Much of the focus had been on moving North Dakota crude to refineries in Tulsa. But the big increases in domestic oil production have created an over supply in the Tulsa area. That’s where the Bakken Express was headed, and that’s where Keystone XL intends to connect before heading to the Gulf."

The Keystone XL's purpose is to EXPORT crude oil!! Wake up America!
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crreed1
Champion Author West Virginia

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Message Posted: Dec 7, 2012 11:24:37 PM

use what you have
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TheSnowstorm
Champion Author Montreal

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Message Posted: Dec 7, 2012 11:22:33 PM

Rail transport has always been one of the best, if not the best way to transport bulk commodities. Crude, on the other hand, as are many liquids and gases, more efficiently and effectively transported via pipelines.

[Edited by: TheSnowstorm at 12/8/2012 12:24:09 AM EST]
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snky2k
Champion Author Indianapolis

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Message Posted: Dec 7, 2012 11:13:50 PM

What goes around, comes around. Eh, Mr. Rockefeller? These are the same issues faced 100+ years ago.
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Robert44
Champion Author Columbus

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Message Posted: Dec 7, 2012 11:12:33 PM

Clermont40miles, you must be one of those idiots who voted foe dictator who killed the pipeline to help his environment friends! !!
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rjoeh
Champion Author Michigan

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Message Posted: Dec 7, 2012 11:10:56 PM

When you run into roadblocks... thinking business look for and find solutions to keep things going. Rail delivery is efficient and cost effective.
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N5EXY
Champion Author Austin

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Message Posted: Dec 7, 2012 11:09:35 PM

If it were not for those Rocky fellers we would still be shipping in barrels instead of tank cars.
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unicornpmb
Champion Author Buffalo

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Message Posted: Dec 7, 2012 11:09:08 PM

Maybe, maybe not. Time will tell.
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judgemobile
Champion Author Ohio

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Message Posted: Dec 7, 2012 11:07:47 PM

good oil is in high demand.
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jrschl
Champion Author Louisville

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Message Posted: Dec 7, 2012 11:07:37 PM

Whatever gets the oil moving.
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gasmack
Champion Author Ventura

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Message Posted: Dec 7, 2012 11:07:21 PM

Use what you've got and spread the wealth around.
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BlewettCA
Veteran Author California

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Message Posted: Dec 7, 2012 11:05:41 PM

ok
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clermont40miles
Champion Author Cincinnati

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Message Posted: Dec 7, 2012 11:03:45 PM

Pipelines will likely come later. Rail satisfies the immediate need and can apparently handle the volume.

Probably a lot of rail cars being built to handle the required huge volume.
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BCM1
Champion Author Pennsylvania

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Message Posted: Dec 7, 2012 11:02:09 PM

All forms of transportation have problems. If rail is there, then use it.
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cheaper0ON
Champion Author Ontario

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Message Posted: Dec 7, 2012 11:01:51 PM

ok
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PoohMcGoo
Champion Author Alabama

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Message Posted: Dec 7, 2012 11:01:40 PM

So says the owner of the railroad.
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NAVYHM
All-Star Author Cleveland

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Message Posted: Dec 7, 2012 10:59:08 PM

RIGHT...
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humblepie
Champion Author Toledo

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Message Posted: Dec 7, 2012 10:55:51 PM

untill the first derailment
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WIPACKERFAN
Champion Author Chicago

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Message Posted: Dec 7, 2012 10:55:04 PM

OK
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BREW9
Champion Author Tampa

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Message Posted: Dec 7, 2012 10:54:47 PM

ok
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FortVancouver01
Champion Author Washington

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Message Posted: Dec 7, 2012 10:54:32 PM


A good, logical solution. Besides it provides flexibility.


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WIWalt
Champion Author Wisconsin

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Message Posted: Dec 7, 2012 10:53:05 PM

Intersting.
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mstearno
Champion Author Dayton

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Message Posted: Dec 7, 2012 10:52:31 PM

let the low price win
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mcmonsta
Champion Author Honolulu

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Message Posted: Dec 7, 2012 10:51:59 PM

money to be made either way. just get it there and it will be sold

[Edited by: mcmonsta at 12/7/2012 11:52:56 PM EST]
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gd83goldwinger
Champion Author South Bend

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Message Posted: Dec 7, 2012 10:51:39 PM

It's all about the numbers and the p word.
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1COR1533
Champion Author San Jose

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Message Posted: Dec 7, 2012 10:50:19 PM

itll pat it self off in time
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jrsva
Champion Author Virginia

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Message Posted: Dec 7, 2012 10:50:09 PM


Ship by rail! You can send your product to any destination; pipelines go to just one or a few destinations. I wish I had been able to buy some BNSF stock several years ago.
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BBHybrid
Champion Author Pittsburgh

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Message Posted: Dec 7, 2012 10:49:28 PM

not enough around
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Prodaddy
Champion Author Houston

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Message Posted: Dec 7, 2012 10:45:04 PM

Might be a workable solution
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goinwgas
Champion Author Oregon

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Message Posted: Dec 7, 2012 10:44:45 PM

safety first
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Darwin00
Champion Author Mississippi

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Message Posted: Dec 7, 2012 10:44:02 PM

Build it and they will come!
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LV_Mike1
Veteran Author Las Vegas

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Message Posted: Dec 7, 2012 10:43:40 PM

A train wreck, a pipe bust......what's the difference? Transporting oil no matter how you do it is going to continue. That's a fact!
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The3rd
Champion Author Jacksonville

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Message Posted: Dec 7, 2012 10:40:22 PM

rail shipment has it's own problems, least of which is derailment...
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pgerassi
Champion Author Milwaukee

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Message Posted: Dec 7, 2012 10:39:50 PM

They evidently don't think they will make money.
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Dodger007
Champion Author Illinois

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Message Posted: Dec 7, 2012 10:38:26 PM

Just one train wreck and a big oil spill will be the end of rail transporting oil.
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flsharktooth
Champion Author Jacksonville

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Message Posted: Dec 7, 2012 10:38:05 PM

ok
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flsharktooth
Champion Author Jacksonville

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Message Posted: Dec 7, 2012 10:37:22 PM

ok
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drz614
Champion Author Harrisburg

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Message Posted: Dec 7, 2012 10:29:09 PM

buffett calls it again
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Doomsday64
All-Star Author Austin

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Message Posted: Dec 7, 2012 10:26:16 PM

Sounds Goos To Me, Anything To Move The Oil.
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benjy
Champion Author Chicago

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Message Posted: Dec 7, 2012 10:23:34 PM

whatever works....
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DEG
Champion Author Las Vegas

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Message Posted: Dec 7, 2012 10:22:50 PM

I would think that a buried pipeline is better than an exposed rail line.
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pastorpaulcg
Champion Author Virginia

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Message Posted: Dec 7, 2012 10:10:23 PM

What are the safety concerns of rail vs pipeline?
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serrog
Champion Author Nova Scotia

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Message Posted: Dec 7, 2012 10:07:29 PM

OK
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granitestater
Champion Author New Hampshire

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Message Posted: Dec 7, 2012 10:04:07 PM

Pipelines are cheaper than rail traffic.
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fuelsaverMN
Champion Author Twin Cities

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Message Posted: Dec 7, 2012 10:03:24 PM

KEEP DRILLING..........PERIOD.
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