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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

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honda0105 Champion Author Tallahassee Posts:18,643 Points:1,611,470 Joined:Nov 2008	Message Posted: Dec 12, 2012 5:59:13 AM Ignore honda0105 Report Abuse in light of the W. VA explosion / fire after pipeline burst, rail may just be safer.
honda0105 Champion Author Tallahassee Posts:18,643 Points:1,611,470 Joined:Nov 2008	Message Posted: Dec 11, 2012 5:55:25 AM Ignore honda0105 Report Abuse rail right now is more flexible.
BurntOrange Champion Author Austin Posts:8,738 Points:1,584,965 Joined:Nov 2007	Message Posted: Dec 9, 2012 6:08:57 PM Ignore BurntOrange Report Abuse 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:41,505 Points:1,164,795 Joined:Jan 2010	Message Posted: Dec 8, 2012 5:28:55 AM Ignore Bill100 Report Abuse Rail does offer more options, but pipelines are by no means a thing of the past.
iFueler Champion Author Durham Posts:64,433 Points:180,475 Joined:Nov 2012	Message Posted: Dec 8, 2012 3:33:01 AM Ignore iFueler Report Abuse US rail network does offer flexibility
jcurley Champion Author California Posts:7,908 Points:1,776,970 Joined:Dec 2007	Message Posted: Dec 8, 2012 2:06:45 AM Ignore jcurley Report Abuse 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:1,995 Points:2,528,285 Joined:May 2005	Message Posted: Dec 8, 2012 12:24:37 AM Ignore crreed1 Report Abuse use what you have
TheSnowstorm Champion Author Montreal Posts:8,634 Points:1,915,955 Joined:June 2005	Message Posted: Dec 8, 2012 12:22:33 AM Ignore TheSnowstorm Report Abuse 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:1,408 Points:305,515 Joined:Mar 2012	Message Posted: Dec 8, 2012 12:13:50 AM Ignore snky2k Report Abuse What goes around, comes around. Eh, Mr. Rockefeller? These are the same issues faced 100+ years ago.
Robert44 Champion Author Columbus Posts:3,584 Points:1,221,870 Joined:Mar 2004	Message Posted: Dec 8, 2012 12:12:33 AM Ignore Robert44 Report Abuse 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:7,091 Points:2,472,165 Joined:Jun 2004	Message Posted: Dec 8, 2012 12:10:56 AM Ignore rjoeh Report Abuse 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:5,502 Points:1,512,030 Joined:Jul 2004	Message Posted: Dec 8, 2012 12:09:35 AM Ignore N5EXY Report Abuse If it were not for those Rocky fellers we would still be shipping in barrels instead of tank cars.
unicornpmb Champion Author Buffalo Posts:8,501 Points:1,631,465 Joined:Sep 2005	Message Posted: Dec 8, 2012 12:09:08 AM Ignore unicornpmb Report Abuse Maybe, maybe not. Time will tell.
judgemobile Champion Author Ohio Posts:7,580 Points:2,447,085 Joined:Nov 2005	Message Posted: Dec 8, 2012 12:07:47 AM Ignore judgemobile Report Abuse good oil is in high demand.
jrschl Champion Author Louisville Posts:2,977 Points:683,015 Joined:Jun 2011	Message Posted: Dec 8, 2012 12:07:37 AM Ignore jrschl Report Abuse Whatever gets the oil moving.
gasmack Champion Author Ventura Posts:1,717 Points:669,415 Joined:Feb 2011	Message Posted: Dec 8, 2012 12:07:21 AM Ignore gasmack Report Abuse Use what you've got and spread the wealth around.
BlewettCA Veteran Author California Posts:318 Points:240,410 Joined:May 2012	Message Posted: Dec 8, 2012 12:05:41 AM Ignore BlewettCA Report Abuse ok
clermont40miles Champion Author Cincinnati Posts:10,583 Points:1,774,295 Joined:Apr 2008	Message Posted: Dec 8, 2012 12:03:45 AM Ignore clermont40miles Report Abuse 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:1,864 Points:782,995 Joined:Jun 2007	Message Posted: Dec 8, 2012 12:02:09 AM Ignore BCM1 Report Abuse All forms of transportation have problems. If rail is there, then use it.
cheaper0ON All-Star Author Ontario Posts:993 Points:400,005 Joined:Jan 2012	Message Posted: Dec 8, 2012 12:01:51 AM Ignore cheaper0ON Report Abuse ok
PoohMcGoo Champion Author Alabama Posts:3,072 Points:802,410 Joined:Dec 2010	Message Posted: Dec 8, 2012 12:01:40 AM Ignore PoohMcGoo Report Abuse So says the owner of the railroad.
NAVYHM All-Star Author Cleveland Posts:761 Points:1,387,205 Joined:May 2008	Message Posted: Dec 7, 2012 11:59:08 PM Ignore NAVYHM Report Abuse RIGHT...
humblepie Champion Author Toledo Posts:34,304 Points:2,373,320 Joined:Mar 2006	Message Posted: Dec 7, 2012 11:55:51 PM Ignore humblepie Report Abuse untill the first derailment
WIPACKERFAN Champion Author Chicago Posts:8,814 Points:1,845,400 Joined:Aug 2005	Message Posted: Dec 7, 2012 11:55:04 PM Ignore WIPACKERFAN Report Abuse OK
BREW9 All-Star Author Tampa Posts:891 Points:2,914,780 Joined:Jun 2004	Message Posted: Dec 7, 2012 11:54:47 PM Ignore BREW9 Report Abuse ok
FortVancouver01 Champion Author Washington Posts:1,170 Points:289,545 Joined:Jul 2012	Message Posted: Dec 7, 2012 11:54:32 PM Ignore FortVancouver01 Report Abuse A good, logical solution. Besides it provides flexibility.
WIWalt Champion Author Wisconsin Posts:1,736 Points:416,745 Joined:Mar 2012	Message Posted: Dec 7, 2012 11:53:05 PM Ignore WIWalt Report Abuse Intersting.
mstearno Champion Author Dayton Posts:8,075 Points:1,733,165 Joined:Jan 2008	Message Posted: Dec 7, 2012 11:52:31 PM Ignore mstearno Report Abuse let the low price win
mcmonsta Champion Author Honolulu Posts:3,232 Points:820,270 Joined:Sep 2009	Message Posted: Dec 7, 2012 11:51:59 PM Ignore mcmonsta Report Abuse 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:1,428 Points:504,980 Joined:May 2011	Message Posted: Dec 7, 2012 11:51:39 PM Ignore gd83goldwinger Report Abuse It's all about the numbers and the p word.
1COR1533 Champion Author San Jose Posts:1,701 Points:317,235 Joined:Jun 2012	Message Posted: Dec 7, 2012 11:50:19 PM Ignore 1COR1533 Report Abuse itll pat it self off in time
jrsva Champion Author Virginia Posts:9,863 Points:1,614,950 Joined:Jan 2006	Message Posted: Dec 7, 2012 11:50:09 PM Ignore jrsva Report Abuse 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:6,474 Points:1,296,000 Joined:Aug 2008	Message Posted: Dec 7, 2012 11:49:28 PM Ignore BBHybrid Report Abuse not enough around
Prodaddy Champion Author Houston Posts:8,385 Points:1,897,035 Joined:May 2007	Message Posted: Dec 7, 2012 11:45:04 PM Ignore Prodaddy Report Abuse Might be a workable solution
goinwgas All-Star Author Oregon Posts:884 Points:235,275 Joined:Jun 2012	Message Posted: Dec 7, 2012 11:44:45 PM Ignore goinwgas Report Abuse safety first
Darwin00 All-Star Author Mississippi Posts:831 Points:271,975 Joined:Dec 2010	Message Posted: Dec 7, 2012 11:44:02 PM Ignore Darwin00 Report Abuse Build it and they will come!
LV_Mike1 Sophomore Author Las Vegas Posts:221 Points:45,555 Joined:Aug 2003	Message Posted: Dec 7, 2012 11:43:40 PM Ignore LV_Mike1 Report Abuse 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:2,876 Points:828,435 Joined:Jul 2004	Message Posted: Dec 7, 2012 11:40:22 PM Ignore The3rd Report Abuse rail shipment has it's own problems, least of which is derailment...
pgerassi Champion Author Milwaukee Posts:10,906 Points:2,133,555 Joined:Apr 2007	Message Posted: Dec 7, 2012 11:39:50 PM Ignore pgerassi Report Abuse They evidently don't think they will make money.
Dodger007 Champion Author Illinois Posts:11,620 Points:2,395,920 Joined:Aug 2005	Message Posted: Dec 7, 2012 11:38:26 PM Ignore Dodger007 Report Abuse Just one train wreck and a big oil spill will be the end of rail transporting oil.
flsharktooth All-Star Author Jacksonville Posts:900 Points:620,765 Joined:Apr 2011	Message Posted: Dec 7, 2012 11:38:05 PM Ignore flsharktooth Report Abuse ok
flsharktooth All-Star Author Jacksonville Posts:900 Points:620,765 Joined:Apr 2011	Message Posted: Dec 7, 2012 11:37:22 PM Ignore flsharktooth Report Abuse ok
drz614 Champion Author Harrisburg Posts:2,309 Points:599,570 Joined:Aug 2011	Message Posted: Dec 7, 2012 11:29:09 PM Ignore drz614 Report Abuse buffett calls it again
Doomsday64 All-Star Author Austin Posts:869 Points:337,980 Joined:Apr 2011	Message Posted: Dec 7, 2012 11:26:16 PM Ignore Doomsday64 Report Abuse Sounds Goos To Me, Anything To Move The Oil.
benjy Champion Author Chicago Posts:8,601 Points:1,790,350 Joined:Nov 2003	Message Posted: Dec 7, 2012 11:23:34 PM Ignore benjy Report Abuse whatever works....
DEG Champion Author Las Vegas Posts:17,630 Points:3,496,655 Joined:Jul 2003	Message Posted: Dec 7, 2012 11:22:50 PM Ignore DEG Report Abuse I would think that a buried pipeline is better than an exposed rail line.
pastorpaulcg Champion Author Virginia Posts:3,615 Points:775,785 Joined:Dec 2010	Message Posted: Dec 7, 2012 11:10:23 PM Ignore pastorpaulcg Report Abuse What are the safety concerns of rail vs pipeline?
serrog Champion Author Nova Scotia Posts:5,574 Points:1,514,080 Joined:Oct 2008	Message Posted: Dec 7, 2012 11:07:29 PM Ignore serrog Report Abuse OK
granitestater Champion Author New Hampshire Posts:8,836 Points:1,432,700 Joined:Oct 2008	Message Posted: Dec 7, 2012 11:04:07 PM Ignore granitestater Report Abuse 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 Ignore fuelsaverMN Report Abuse KEEP DRILLING..........PERIOD.