BNSF’s oil shipments out of the Bakken have grown exponentially, from 1.3 million barrels in 2008 to 90 million barrels in 2012.
Thirty-five facilities for unloading crude oil from trains are under development in several states, and that will lead to even more shipments, Rose said.
Likewise, the railroad is shipping more freight into the Bakken area. Sand used in hydraulic fracturing is in big demand, as well as other products such as lumber used to build new houses, Rose said.
BNSF’s big investment in oil hauling resulted from a shortage of pipeline capacity that has constrained oil shipments out of the Bakken.90 million / 365 --> 250,000 bopd.
The Bakken is producing about 700,000 bopd.
Rail. Flexible. Scalable. Incredible.