I think delivery by train has overtaken the whole game. Union Pacific has brought on a fantastic number of oil transport cars over the last two years and clearing tons of profit...moving oil. The whole matter is null and void as far as I can see it....the oil is moving and the environmental idiots really got nothing out of this. Same with fracking....it’s too late to really affect any state, and they all have a taste of profit.
I think delivery by train has overtaken the whole game.
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Rail delivery of U.S. oil and petroleum products continues to increase, but pace slows
http://www.eia.gov/todayinenergy/detail.cfm?id=12031
JULY 10, 2013
The roughly 700,000 barrels per day of crude oil, which includes both imported and domestic crude oil...
That compared with the 16 million barrels a day we refined. While rail is growing in percentage compared to previous years, it remains a rather small player in the movement of oil. In North Dakota, however, it moves more than half the oil the state produces.