Crude-by-Rail Surges, Dominating Outbound Transportation from Williston Basin
Attachment: NDrailexport, USBakkenEst
DENVER, COLORADO--May 7, 2013--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Crude oil shippers in the Williston Basin have significantly increased their reliance on railroads over the last year, citing lower costs and greater delivery flexibility compared to traditional pipelines. In fact, several speakers at a recent Oil & Gas conference in Denver proudly said "I love rail." A few years ago, attendees agreed, such a comment would have been hard to imagine.
Other companies featured: Enbridge Incorporated (NYSE:ENB)