Comments on: The oil train glut shows how little the Keystone XL pipeline matters http://blogs.reuters.com/data-dive/2014/12/18/the-oil-train-glut-shows-how-little-the-keystone-xl-pipeline-matters/ Mon, 23 Mar 2015 20:11:41 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: DOT111Reader http://blogs.reuters.com/data-dive/2014/12/18/the-oil-train-glut-shows-how-little-the-keystone-xl-pipeline-matters/comment-page-1/#comment-487 Fri, 19 Dec 2014 15:41:16 +0000 http://blogs.reuters.com/data-dive/?p=2356#comment-487 What Michael fails to mention however is that the Keystone XL Pipeline’s purpose is to transport heavy tar sand oil from Alberta Canada to the Gulf Coast. There has been some mention that a small amount of Bakken crude may be used to “lubricate” the heavy tar sand oil, but all and all, the amount of Bakken oil transported via this pipeline is barely negligible or not at all.

Secondly, the destination for the Bakken oil (by rail) is quite varied. It goes to all coasts in the U.S. and the best way to get it to those refineries is by the existing rail network. Pipelines would have to be built across the entire U.S. Not economically feasible even if it can get through congress with the president’s signature.

Projections show that oil-by-rail will continue to increase over the next few years, then plateau to 2035.

The bottom line is that oil-by-rail is here to stay for the foreseeable future.

Editor
DOT-111 Reader (dot-111.info)

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By: Mott http://blogs.reuters.com/data-dive/2014/12/18/the-oil-train-glut-shows-how-little-the-keystone-xl-pipeline-matters/comment-page-1/#comment-486 Fri, 19 Dec 2014 08:48:20 +0000 http://blogs.reuters.com/data-dive/?p=2356#comment-486 Yes, but with one important distinction – the rail transported oil is for domestic use while the KXL transported one will almost exclusively, be for exports.

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