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Jumping aboard the North Dakota oil-by-rail shipping boom

startribune -- Two years ago, Gabe Claypool had nothing to do with oil and railroads.

Today, he is CEO of a Wayzata-based company that ships 3.5 percent of North Dakota's oil to East Coast and other refineries in railroad tank cars.

The company, Dakota Plains Holdings, is part of a revival of the old way of shipping crude oil -- via rail -- that last flourished during World War II. And it's another case of North Dakota's oil boom igniting spinoff businesses.

"If the capacity to move oil isn't there by pipeline, the only alternative is to get it out by rail -- or you stop producing oil until the pipelines catch up," Claypool said in an interview.

Claypool, 37, who grew up on a farm in Hampton, Iowa, was living in Minnesota in 2011 when investors in Wayzata and Minneapolis approached him to run their

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Submitted Jan 20, 2013 By: Italianman

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honda0105 Champion Author Tallahassee Posts:18,610 Points:1,608,545 Joined:Nov 2008	Message Posted: Jan 24, 2013 5:54:57 AM Ignore honda0105 Report Abuse we'll see how long it lasts.
Chris46 Champion Author Dayton Posts:23,667 Points:2,081,340 Joined:Sep 2005	Message Posted: Jan 22, 2013 11:29:47 PM Ignore Chris46 Report Abuse Good old American capitalism at its finest!
7SPEEDY7 Champion Author Flint Posts:1,286 Points:604,700 Joined:May 2011	Message Posted: Jan 21, 2013 3:21:01 PM Ignore 7SPEEDY7 Report Abuse ALL ABOARD.......
tomok Champion Author Portland Posts:32,987 Points:2,344,535 Joined:Aug 2006	Message Posted: Jan 21, 2013 3:22:20 AM Ignore tomok Report Abuse Jumping aboard the North Dakota oil-by-rail shipping boom! Without a pipeline to move the oil more efficiently, the railroad is the next best thing. Get the oil shipping business while you can, things can change. Whatever the size or shape of the vehicle, vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. The price of fuel at the pump is too high! XII/XXII/MMXII! - The Day After......
rickfro All-Star Author San Diego Posts:685 Points:328,595 Joined:Nov 2008	Message Posted: Jan 21, 2013 1:51:35 AM Ignore rickfro Report Abuse Whatever works.
VikingWoman Champion Author Washington Posts:1,265 Points:250,915 Joined:May 2012	Message Posted: Jan 21, 2013 1:28:15 AM Ignore VikingWoman Report Abuse good for jobs
BobD2009 Champion Author Long Island Posts:6,984 Points:1,238,810 Joined:Apr 2009	Message Posted: Jan 21, 2013 12:53:48 AM Ignore BobD2009 Report Abuse Glad they are not using Amtrak.
CiVX Champion Author Oakland Posts:7,050 Points:1,358,610 Joined:Feb 2009	Message Posted: Jan 21, 2013 12:53:41 AM Ignore CiVX Report Abuse boom
frostyWV Champion Author West Virginia Posts:2,339 Points:519,235 Joined:May 2011	Message Posted: Jan 21, 2013 12:51:35 AM Ignore frostyWV Report Abuse have oil will travel.
animal63 All-Star Author Indiana Posts:950 Points:1,030,550 Joined:Oct 2008	Message Posted: Jan 21, 2013 12:51:33 AM Ignore animal63 Report Abuse It's good for job creation.
yyc2yow All-Star Author Ottawa Posts:648 Points:569,360 Joined:Dec 2009	Message Posted: Jan 21, 2013 12:49:44 AM Ignore yyc2yow Report Abuse could be very bad if spills
KrsnaDragon Champion Author Montreal Posts:2,402 Points:530,325 Joined:Nov 2011	Message Posted: Jan 21, 2013 12:46:51 AM Ignore KrsnaDragon Report Abuse Interesting and informative article.
10k Champion Author North Carolina Posts:21,245 Points:2,253,865 Joined:May 2006	Message Posted: Jan 21, 2013 12:46:40 AM Ignore 10k Report Abuse and the first time one of these trains jumps the track, y'all enviro-terrorists will be screaming again..build the d*mn pipeline !!!.. [Edited by: 10k at 1/21/2013 12:47:00 AM EST]
boatfloyd Champion Author Jacksonville Posts:1,718 Points:387,975 Joined:Mar 2012	Message Posted: Jan 21, 2013 12:44:18 AM Ignore boatfloyd Report Abuse Go where the money is.
heartbroken2010 Champion Author Ottawa Posts:4,344 Points:897,235 Joined:Aug 2010	Message Posted: Jan 21, 2013 12:43:48 AM Ignore heartbroken2010 Report Abuse wise guy here, goes with what he sees coming.
probedude2 Champion Author Akron Posts:12,548 Points:2,379,230 Joined:Jun 2003	Message Posted: Jan 21, 2013 12:43:25 AM Ignore probedude2 Report Abuse Look, Obama DID create some jobs!
suicyco16 All-Star Author Phoenix Posts:576 Points:286,750 Joined:Jun 2012	Message Posted: Jan 21, 2013 12:41:59 AM Ignore suicyco16 Report Abuse Super dee duper
Aserdaten Champion Author Florida Posts:3,469 Points:2,051,810 Joined:Apr 2006	Message Posted: Jan 21, 2013 12:41:49 AM Ignore Aserdaten Report Abuse Who would have thought that railroads would have cashed in on fracking business. But what the h---, go for it!
pricechecker08 Champion Author Ohio Posts:7,871 Points:1,699,725 Joined:Jan 2008	Message Posted: Jan 21, 2013 12:40:36 AM Ignore pricechecker08 Report Abuse Great
pgerassi Champion Author Milwaukee Posts:10,896 Points:2,131,605 Joined:Apr 2007	Message Posted: Jan 21, 2013 12:36:59 AM Ignore pgerassi Report Abuse Good for him.
SaturnSC Champion Author Columbus Posts:1,051 Points:831,725 Joined:Nov 2008	Message Posted: Jan 21, 2013 12:36:17 AM Ignore SaturnSC Report Abuse Jumping
LanguageMan1 Champion Author Tampa Posts:11,718 Points:1,660,815 Joined:Apr 2008	Message Posted: Jan 21, 2013 12:33:30 AM Ignore LanguageMan1 Report Abuse I wish I had the extra money to invest into the railroad companies shipping out the oil.
Zonk Champion Author Michigan Posts:6,480 Points:2,101,995 Joined:Oct 2005	Message Posted: Jan 21, 2013 12:33:00 AM Ignore Zonk Report Abuse Good money to be made in rail transportation of oil.
mrreferee Champion Author Savannah Posts:1,336 Points:556,780 Joined:Jun 2011	Message Posted: Jan 21, 2013 12:30:54 AM Ignore mrreferee Report Abuse i am not smart enough o commet
gaspumpin Champion Author Indiana Posts:1,665 Points:387,505 Joined:Apr 2012	Message Posted: Jan 21, 2013 12:30:16 AM Ignore gaspumpin Report Abuse Old news
silverfoxv65 Champion Author Michigan Posts:4,475 Points:1,229,075 Joined:Sep 2009	Message Posted: Jan 21, 2013 12:30:12 AM Ignore silverfoxv65 Report Abuse Got to do what you got to do and that is it.
ILANGE9 Champion Author Illinois Posts:7,610 Points:1,596,225 Joined:Sep 2008	Message Posted: Jan 21, 2013 12:29:45 AM Ignore ILANGE9 Report Abuse More old news.
jim27106 All-Star Author North Carolina Posts:770 Points:782,010 Joined:Feb 2009	Message Posted: Jan 21, 2013 12:27:57 AM Ignore jim27106 Report Abuse I assume a train with oil does like 60 mph. How fast does oil go in a pipe. If anyone knows please post something on my whiteboard.
yakstar Champion Author Montreal Posts:2,415 Points:479,070 Joined:Jan 2012	Message Posted: Jan 21, 2013 12:27:36 AM Ignore yakstar Report Abuse nothing like a railroad!
GasholeMI Champion Author Lansing Posts:10,134 Points:1,717,315 Joined:Jul 2008	Message Posted: Jan 21, 2013 12:26:47 AM Ignore GasholeMI Report Abuse Build the pipeline. It is a no-brainer.
TIGERPAW46 Champion Author Florida Posts:7,126 Points:1,355,680 Joined:Mar 2004	Message Posted: Jan 21, 2013 12:26:15 AM Ignore TIGERPAW46 Report Abuse Rail & Truck cost more & is more dangerous than Pipelines.
Blue_Cruzer Champion Author Lexington Posts:7,515 Points:1,668,610 Joined:Mar 2007	Message Posted: Jan 21, 2013 12:25:38 AM Ignore Blue_Cruzer Report Abuse Makes sense instead of the pipelins.
ican2step Champion Author Pittsburgh Posts:1,681 Points:426,650 Joined:Feb 2012	Message Posted: Jan 21, 2013 12:24:54 AM Ignore ican2step Report Abuse Neat
wshutton Champion Author Los Angeles Posts:1,662 Points:923,970 Joined:Mar 2009	Message Posted: Jan 21, 2013 12:24:04 AM Ignore wshutton Report Abuse One advantage rail shipment has over pipelines is the destination can be changed as needed so long as the rail runs there. And all refineries seem to have some rail access. Even the Chevron refinery in El Segundo, CA which is on the coast in Los Angeles can be accessed by rail.
snky2k Champion Author Indianapolis Posts:1,393 Points:302,590 Joined:Mar 2012	Message Posted: Jan 21, 2013 12:22:16 AM Ignore snky2k Report Abuse Choo-choo cha-ching!
CDMAuto Champion Author Connecticut Posts:3,788 Points:752,940 Joined:Apr 2011	Message Posted: Jan 21, 2013 12:21:43 AM Ignore CDMAuto Report Abuse Trains helped make this country they can also help save this country
kgbellman Champion Author Ann Arbor Posts:2,708 Points:730,865 Joined:Mar 2011	Message Posted: Jan 21, 2013 12:21:29 AM Ignore kgbellman Report Abuse It's been working for decades
jimpricehunter Sophomore Author Dallas Posts:242 Points:148,985 Joined:Aug 2012	Message Posted: Jan 21, 2013 12:21:03 AM Ignore jimpricehunter Report Abuse I said, What is it? And he said, This is the ephah vessel that goes forth; and he said, This is their appearance in all the land; (Then a lead cover was lifted up) and there was a woman sitting within the ephah vessel. Then he said, This is Wickedness. And he threw her down into the midst of the ephah vessel and threw the lead weight over its opening. Then I lifted up my eyes and I looked, and there were two women going forth, and the wind was in their wings; and they had wings like the wings of a stork. And they lifted up the ephah vessel between the earth and the sky. And I said, Where are they taking the ephah vessel? And he said to me, To build a house for her in the land of Shinar; and when it is prepared, she will be set there in her own place.
swepson Champion Author Greensboro Posts:5,468 Points:1,551,375 Joined:Jul 2008	Message Posted: Jan 21, 2013 12:20:49 AM Ignore swepson Report Abuse If you've no pipe, it's the cheapest way to go.
MidNJ Champion Author New Jersey Posts:7,546 Points:1,171,835 Joined:Sep 2009	Message Posted: Jan 21, 2013 12:19:45 AM Ignore MidNJ Report Abuse Crreed1, "old news"? I disagree, this is current news that we must continue to discuss.
medic319 All-Star Author Akron Posts:723 Points:245,285 Joined:Mar 2012	Message Posted: Jan 21, 2013 12:18:42 AM Ignore medic319 Report Abuse Lots of rail cars full of oil passing through my town! There are lots of pipelines too.
N5EXY Champion Author Austin Posts:5,490 Points:1,509,590 Joined:Jul 2004	Message Posted: Jan 21, 2013 12:17:57 AM Ignore N5EXY Report Abuse Thank Rocky Feller for rail cars or we would ship it in barrels.
WIPACKERFAN Champion Author Chicago Posts:8,799 Points:1,842,475 Joined:Aug 2005	Message Posted: Jan 21, 2013 12:17:43 AM Ignore WIPACKERFAN Report Abuse OK
crreed1 Champion Author West Virginia Posts:1,985 Points:2,526,335 Joined:May 2005	Message Posted: Jan 21, 2013 12:16:40 AM Ignore crreed1 Report Abuse old news
Aviator_Rob Champion Author New York Posts:3,795 Points:412,565 Joined:Mar 2012	Message Posted: Jan 21, 2013 12:15:31 AM Ignore Aviator_Rob Report Abuse @judgemobile is against everything.
must87searcher Champion Author Maryland Posts:8,977 Points:1,779,475 Joined:Apr 2008	Message Posted: Jan 21, 2013 12:14:38 AM Ignore must87searcher Report Abuse There are a number of forms of transportation, and at this time, railroad is in operation. The rail line have been traveling through the Dakotas for over a century now, and there is more than one line traveling toward the east coast.
mfeldstein Champion Author Ottawa Posts:8,171 Points:1,930,480 Joined:Feb 2007	Message Posted: Jan 21, 2013 12:13:49 AM Ignore mfeldstein Report Abuse Old article.
iamforiu Champion Author Indiana Posts:3,570 Points:710,665 Joined:May 2011	Message Posted: Jan 21, 2013 12:12:53 AM Ignore iamforiu Report Abuse time will tell
jkpsr Champion Author New Jersey Posts:4,079 Points:1,101,905 Joined:Jun 2005	Message Posted: Jan 21, 2013 12:12:34 AM Ignore jkpsr Report Abuse They are shipping it to Philadelphia.
MidNJ Champion Author New Jersey Posts:7,546 Points:1,171,835 Joined:Sep 2009	Message Posted: Jan 21, 2013 12:11:34 AM Ignore MidNJ Report Abuse Ricebike, "they'll find ways to lower the supply to keep gas prices high" ????????????????????????????\ Who is "They?"