Not Logged In Log In   Sign Up   Points Leaders
Follow Us    1:17 AM

GasBuddy News Article

41
votes
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.


Read the Full Article

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
honda0105
Champion Author Tallahassee

Posts:24,291
Points:2,433,140
Joined:Nov 2008
Message Posted: Dec 12, 2012 5:59:13 AM

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

Posts:24,291
Points:2,433,140
Joined:Nov 2008
Message Posted: Dec 11, 2012 5:55:25 AM

rail right now is more flexible.
BurntOrange
Champion Author Austin

Posts:12,221
Points:2,357,035
Joined:Nov 2007
Message Posted: Dec 9, 2012 6:08:57 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.
Bill100
Champion Author Grand Rapids

Posts:46,064
Points:1,921,180
Joined:Jan 2010
Message Posted: Dec 8, 2012 5:28:55 AM

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

Posts:76,630
Points:1,002,875
Joined:Nov 2012
Message Posted: Dec 8, 2012 3:33:01 AM

US rail network does offer flexibility
jcurley
Champion Author California

Posts:10,249
Points:2,529,605
Joined:Dec 2007
Message Posted: Dec 8, 2012 2:06:45 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!
crreed1
Champion Author West Virginia

Posts:5,141
Points:3,245,085
Joined:May 2005
Message Posted: Dec 8, 2012 12:24:37 AM

use what you have
TheSnowstorm
Champion Author Montreal

Posts:9,677
Points:2,579,210
Joined:June 2005
Message Posted: Dec 8, 2012 12:22:33 AM

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]
snky2k
Champion Author Indianapolis

Posts:3,654
Points:1,073,920
Joined:Mar 2012
Message Posted: Dec 8, 2012 12:13:50 AM

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

Posts:4,941
Points:1,844,740
Joined:Mar 2004
Message Posted: Dec 8, 2012 12:12:33 AM

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

Posts:10,429
Points:3,293,115
Joined:Jun 2004
Message Posted: Dec 8, 2012 12:10:56 AM

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

Posts:8,900
Points:2,316,530
Joined:Jul 2004
Message Posted: Dec 8, 2012 12:09:35 AM

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

Posts:11,864
Points:2,459,095
Joined:Sep 2005
Message Posted: Dec 8, 2012 12:09:08 AM

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

Posts:10,944
Points:3,260,175
Joined:Nov 2005
Message Posted: Dec 8, 2012 12:07:47 AM

good oil is in high demand.
jrschl
Champion Author Louisville

Posts:6,334
Points:1,489,340
Joined:Jun 2011
Message Posted: Dec 8, 2012 12:07:37 AM

Whatever gets the oil moving.
gasmack
Champion Author Ventura

Posts:4,136
Points:1,407,555
Joined:Feb 2011
Message Posted: Dec 8, 2012 12:07:21 AM

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

Posts:318
Points:346,010
Joined:May 2012
Message Posted: Dec 8, 2012 12:05:41 AM

ok
clermont40miles
Champion Author Cincinnati

Posts:14,828
Points:2,575,780
Joined:Apr 2008
Message Posted: Dec 8, 2012 12:03:45 AM

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.
BCM1
Champion Author Pennsylvania

Posts:1,944
Points:1,224,895
Joined:Jun 2007
Message Posted: Dec 8, 2012 12:02:09 AM

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

Posts:4,310
Points:1,228,155
Joined:Jan 2012
Message Posted: Dec 8, 2012 12:01:51 AM

ok
PoohMcGoo
Champion Author Alabama

Posts:3,960
Points:1,489,970
Joined:Dec 2010
Message Posted: Dec 8, 2012 12:01:40 AM

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

Posts:761
Points:1,431,080
Joined:May 2008
Message Posted: Dec 7, 2012 11:59:08 PM

RIGHT...
humblepie
Champion Author Toledo

Posts:65,004
Points:3,182,070
Joined:Mar 2006
Message Posted: Dec 7, 2012 11:55:51 PM

untill the first derailment
WIPACKERFAN
Champion Author Chicago

Posts:12,159
Points:2,662,755
Joined:Aug 2005
Message Posted: Dec 7, 2012 11:55:04 PM

OK
BREW9
Champion Author Tampa

Posts:4,237
Points:3,720,110
Joined:Jun 2004
Message Posted: Dec 7, 2012 11:54:47 PM

ok
FortVancouver01
Champion Author Washington

Posts:2,006
Points:957,125
Joined:Jul 2012
Message Posted: Dec 7, 2012 11:54:32 PM


A good, logical solution. Besides it provides flexibility.


WIWalt
Champion Author Wisconsin

Posts:4,992
Points:1,216,845
Joined:Mar 2012
Message Posted: Dec 7, 2012 11:53:05 PM

Intersting.
mstearno
Champion Author Dayton

Posts:9,694
Points:2,373,910
Joined:Jan 2008
Message Posted: Dec 7, 2012 11:52:31 PM

let the low price win
mcmonsta
Champion Author Honolulu

Posts:6,304
Points:1,630,000
Joined:Sep 2009
Message Posted: Dec 7, 2012 11:51:59 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]
gd83goldwinger
Champion Author South Bend

Posts:2,584
Points:794,580
Joined:May 2011
Message Posted: Dec 7, 2012 11:51:39 PM

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

Posts:4,925
Points:1,089,265
Joined:Jun 2012
Message Posted: Dec 7, 2012 11:50:19 PM

itll pat it self off in time
jrsva
Champion Author Virginia

Posts:13,440
Points:2,420,050
Joined:Jan 2006
Message Posted: Dec 7, 2012 11:50:09 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.
BBHybrid
Champion Author Pittsburgh

Posts:6,530
Points:1,310,075
Joined:Aug 2008
Message Posted: Dec 7, 2012 11:49:28 PM

not enough around
Prodaddy
Champion Author Houston

Posts:11,679
Points:2,692,490
Joined:May 2007
Message Posted: Dec 7, 2012 11:45:04 PM

Might be a workable solution
goinwgas
Champion Author Oregon

Posts:4,054
Points:997,575
Joined:Jun 2012
Message Posted: Dec 7, 2012 11:44:45 PM

safety first
Darwin00
Champion Author Mississippi

Posts:2,025
Points:984,380
Joined:Dec 2010
Message Posted: Dec 7, 2012 11:44:02 PM

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

Posts:323
Points:56,575
Joined:Aug 2003
Message Posted: Dec 7, 2012 11:43:40 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!
The3rd
Champion Author Jacksonville

Posts:3,137
Points:890,005
Joined:Jul 2004
Message Posted: Dec 7, 2012 11:40:22 PM

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

Posts:14,272
Points:2,936,545
Joined:Apr 2007
Message Posted: Dec 7, 2012 11:39:50 PM

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

Posts:12,782
Points:2,621,240
Joined:Aug 2005
Message Posted: Dec 7, 2012 11:38:26 PM

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

Posts:1,788
Points:1,335,245
Joined:Apr 2011
Message Posted: Dec 7, 2012 11:38:05 PM

ok
flsharktooth
Champion Author Jacksonville

Posts:1,788
Points:1,335,245
Joined:Apr 2011
Message Posted: Dec 7, 2012 11:37:22 PM

ok
drz614
Champion Author Harrisburg

Posts:5,700
Points:1,405,565
Joined:Aug 2011
Message Posted: Dec 7, 2012 11:29:09 PM

buffett calls it again
Doomsday64
All-Star Author Austin

Posts:905
Points:377,750
Joined:Apr 2011
Message Posted: Dec 7, 2012 11:26:16 PM

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

Posts:11,163
Points:2,564,705
Joined:Nov 2003
Message Posted: Dec 7, 2012 11:23:34 PM

whatever works....
DEG
Champion Author Las Vegas

Posts:20,867
Points:4,274,630
Joined:Jul 2003
Message Posted: Dec 7, 2012 11:22:50 PM

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

Posts:3,615
Points:779,635
Joined:Dec 2010
Message Posted: Dec 7, 2012 11:10:23 PM

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

Posts:8,932
Points:2,339,165
Joined:Oct 2008
Message Posted: Dec 7, 2012 11:07:29 PM

OK
granitestater
Champion Author New Hampshire

Posts:13,000
Points:2,225,955
Joined:Oct 2008
Message Posted: Dec 7, 2012 11:04:07 PM

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

Posts:2,282
Points:559,080
Joined:Mar 2011
Message Posted: Dec 7, 2012 11:03:24 PM

KEEP DRILLING..........PERIOD.
fuelsaverMN
Champion Author Twin Cities

Posts:2,282
Points:559,080
Joined:Mar 2011
Message Posted: Dec 7, 2012 11:03:00 PM

DRILL.....DRILL........DRILL.....DRILL......DRILL.
Post a reply Back to Topics