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August 2, 2012
Tesoro seeks to increase crude oil shipments from North Dakota’s Bakken Shale to the company’s refinery in Anacortes, Wash., President and CEO Greg Goff said. Tesoro had sought to bring in as much as 40,000 barrels per day of Bakken crude to the plant via rail, but now it plans to add another 10,000 barrels per day. “Our projected rate of 50,000 bpd will be to take a unit train six out of seven days per week,” Goff said.
* Company expects to ship up to 50,000 bpd by year-end
* Previous estimates were for 40,000 bpd
* Rail unloading facility on target to start in Septemberhttp://bit.ly/OwQuzv
Reuters -
Other companies are considering similar moves to ship Bakken crude to Pacific Northwest refineries to obtain the same cost benefit. BP Plc said it may ship Bakken crude to its 225,000 bpd Cherry Point refinery in Blaine, Washington, and Phillips 66 plans to do the same for its 100,000 bpd refinery in Ferndale, Washington.
Paul
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Where are all these tank cars going to come from? I don’t believe there are a surplus of heated, insulated tank cars just sitting around in surplus.
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