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Railroad oil capacity up more than 50 percent

via (AP) The Dickensen Press -- North Dakota’s capacity to export oil by rail has jumped more than 50 percent in June as shippers in the state increasingly turn to mile-long trains to move crude to markets not linked by pipelines.

The increase comes with a pair of crude-to-rail facilities built by Texas companies to move oil from the rich Bakken and Three Forks formations in western North Dakota’s Oil Patch.

Justin Kringstad, director of the North Dakota Pipeline Authority, said the rail terminals bring to 17 the number of facilities built in the state since 2008, as oil drillers have tabbed trains to ship crude due to lack of pipelines or more lucrative markets not served by them.

North Dakota now has the ability to ship at least 470,000 barrels of oil daily by rail, up from about 310,000 barrels. The capacity could


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Submitted Jun 20, 2012 By: EZExit
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REPLIES (newest first)
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sydb7
Champion Author Atlanta

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Message Posted: Jun 23, 2012 2:09:53 PM

ok
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honda0105
Champion Author Tallahassee

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Message Posted: Jun 22, 2012 6:02:08 AM

that's the smarter way to transport long distance. Get some of the OTRs off the roads (and keep highways from deteriorating too badly) and move freight onto rails.
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sparky808
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Message Posted: Jun 21, 2012 1:20:40 PM

Thank you for posting.
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tomok
Champion Author Portland

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Message Posted: Jun 21, 2012 6:00:00 AM

Pipelines are the most efficient way for transporting crude oil and fuel. With no pipelines near the source of the oil, railroad tankers are the next best thing. No wonder railroad oil capacity is up more than 50 percent! Time for the railroad companies to make their profit while they can.
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe and reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost, if possible.
The price of fuel at the pump is too high!
12/22/2012!
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dlemma
Champion Author Wyoming

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Message Posted: Jun 21, 2012 4:48:00 AM

have to get it out one way or another.
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Number43
Champion Author Lexington

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Message Posted: Jun 21, 2012 12:39:59 AM

Good for us
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tidalwave3
Champion Author Tallahassee

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Message Posted: Jun 21, 2012 12:31:14 AM

Trains never de-rail :(
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kgbellman
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Message Posted: Jun 21, 2012 12:23:08 AM

Great - make it, and it will be moved
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bvrbill
Champion Author Eugene

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Message Posted: Jun 21, 2012 12:20:03 AM

Good for jobs in the rail industry.
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nwsynthetics
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Message Posted: Jun 21, 2012 12:10:42 AM

OK
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jem069
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Message Posted: Jun 21, 2012 12:10:39 AM

Ok
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crreed1
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Message Posted: Jun 21, 2012 12:10:12 AM

ok
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1fulltank
Champion Author Buffalo

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Message Posted: Jun 21, 2012 12:07:15 AM

Old article.
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chuckhermann
All-Star Author New York

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Message Posted: Jun 21, 2012 12:07:06 AM

I never knew that ND was producing that much oil.
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WVUtailgater
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Message Posted: Jun 21, 2012 12:07:04 AM

keep it coming
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PrinceLH
Champion Author Ontario

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Message Posted: Jun 21, 2012 12:06:49 AM

So why is there an issue with price?
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BobD2009
Champion Author Long Island

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Message Posted: Jun 21, 2012 12:06:19 AM

That's good news.
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joel27nc
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Message Posted: Jun 21, 2012 12:05:49 AM

WOW, really
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rahcat
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Message Posted: Jun 21, 2012 12:05:20 AM

A derailment would cause a bomb train.
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regout
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Message Posted: Jun 21, 2012 12:05:08 AM

Good for the railways.
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souly
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Message Posted: Jun 21, 2012 12:04:29 AM

ok
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Matt G
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Message Posted: Jun 21, 2012 12:03:57 AM

Ok
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jrschl
Champion Author Louisville

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Message Posted: Jun 21, 2012 12:02:37 AM

At least someone is doing something and making progress.
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1cheapgasin
Champion Author Indianapolis

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Message Posted: Jun 21, 2012 12:02:03 AM

.
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96sc1
Champion Author El Paso

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Message Posted: Jun 21, 2012 12:01:00 AM

North Dakota is an excellent role model.
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abcdMA
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Message Posted: Jun 20, 2012 11:59:16 PM

good deal
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Jeff1944
Champion Author South Dakota

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Message Posted: Jun 20, 2012 11:58:24 PM

It appears that planners are very good for North Dakota.
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csblesson
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Message Posted: Jun 20, 2012 11:55:08 PM

That is good
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letterchunker
Champion Author Texas

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Message Posted: Jun 20, 2012 11:52:34 PM

Agree with vollee
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Z51Corvette
Champion Author Austin

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Message Posted: Jun 20, 2012 11:51:00 PM

69Bonne... are you for real... that is NOT the answer... Rail is dangerous compared to the pipeline... and it is more expensive... definitely not the answer.
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indrix
All-Star Author Toronto

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Message Posted: Jun 20, 2012 11:50:47 PM

ok
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jessek
Champion Author Detroit

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Message Posted: Jun 20, 2012 11:49:11 PM

They have to have a means of moving the product.
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vollee
Champion Author Cincinnati

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Message Posted: Jun 20, 2012 11:47:11 PM

Rail is NOT the most efficient way to move bulk liquids. Pipelines are much less costly to operate and much SAFER. Just wait until a train load of crude derails on some of the old, outdated track that still exists.

Keystone Pipeline and links to it from the Bakken production fields are the answer. Of course Obozo doesn't even know the question! He'll be toast come Nov 6.

In the meantime, my Berkshire Hathaway stock is doing fine thanks in part to all the crude the BN is moving. Of course, y'all are paying for the higher freight in higher prices at the pump. Just remember that come election day.
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69Bonne
Champion Author Gary

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Message Posted: Jun 20, 2012 11:47:08 PM

Keep it up North Dakota! That means more tanker cars will have to be built, which means more jobs for others.
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carranco
Champion Author Georgia

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Message Posted: Jun 20, 2012 11:45:48 PM

But don't those trains run on diesel? With global warming raining down on us, that is just not going to be sustainable. Are there any green energy powered trains in the works?
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DrLyon
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Message Posted: Jun 20, 2012 11:44:58 PM

Go RR, go...
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baconnie
Champion Author Dallas

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Message Posted: Jun 20, 2012 11:43:56 PM

ok
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kusanagisama
All-Star Author Texas

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Message Posted: Jun 20, 2012 11:43:55 PM

Ok
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carpenter4u
Champion Author Virginia

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Message Posted: Jun 20, 2012 11:42:42 PM

Where there is a will, there's a way
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suzmar
Champion Author Texas

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Message Posted: Jun 20, 2012 11:42:04 PM

Pipelines seem a lot safer than moving oil by rail. You hear of a lot more train de-railments than you do pipeline spills.
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Dodge_Me
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Message Posted: Jun 20, 2012 11:41:24 PM

Good for them, when they win so does everyone else
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WIPACKERFAN
Champion Author Chicago

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Message Posted: Jun 20, 2012 11:37:50 PM

Good news.
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sammy518
Champion Author Austin

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Message Posted: Jun 20, 2012 11:37:11 PM

too bad items are not being shipped by rail, this would decrease the need for oil/gasoline to move by bigrigs the items on our overtaxed highways.
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jrsva
Champion Author Virginia

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Message Posted: Jun 20, 2012 11:35:55 PM

“BNSF hauls about 75 percent of the crude that leaves North Dakota by rail . . . .”

Making Warren Buffet and Berkshire-Hathaway shareholders richer than ever.
I’m happy to own just a few shares of UP, which gets some of the freight.
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CapNC
Veteran Author North Carolina

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Message Posted: Jun 20, 2012 11:35:50 PM

good for ND
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SpankyMI
Champion Author Kalamazoo

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Message Posted: Jun 20, 2012 11:35:31 PM

Who owns the trains?
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kgbellman
Champion Author Ann Arbor

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Message Posted: Jun 20, 2012 11:35:08 PM

Great - make it, and it will be moved
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Bleeder
Champion Author Virginia

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Message Posted: Jun 20, 2012 11:33:59 PM

This is great news for ND.

[Edited by: Bleeder at 6/20/2012 11:34:43 PM EST]
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DEG
Champion Author Las Vegas

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Message Posted: Jun 20, 2012 11:33:32 PM

Railroads seem more prone to environmental disaster than a pipeline does.
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Nancy&Len
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Message Posted: Jun 20, 2012 11:32:05 PM

ok
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