Warren's Answer To The Keystone XL While Nebraskans Dither, Washington Delays

This is a "biggie" for Warren Buffett -- his answer to the Keystone XL -- a multi-grade crude oil loading terminal -- the first in the Rocky Mountain oil region; will support the Bakken. Huge thanks to Don for this link to the Fairfield Sun-Times.

Eighty-Eight Oil LLC announced today its plans to construct and operate a unit train facility on BNSF Railway’s mainline near the Guernsey crude oil pipeline hub. The facility will be directly connected to EEOLLC’s existing Guernsey crude oil terminal which has two million barrels of storage and currently receives crude oil from Butte Pipeline, Belle Fourche Pipeline, Platte Pipeline, and the Rocky Mountain Pipeline System. 

The Guernsey terminal also maintains truck unloading facilities. The facility will be the first rail transloading terminal capable of loading multiple crude types including those from the Williston Basin (e.g. Bakken), the Powder River Basin (e.g. Niobrara), Southwest Wyoming, Big Horn Basin and Canada. 

“Because this terminal is being designed to handle multiple crude types, we are confident of its long term viability,” says Jerry Herz, Superintendent of EEOLLC. “Further, by connecting our terminal to BNSF’s expansive railway system, we can provide producers of the Rocky Mountains and Canada further flexibility in adding value to their production and transporting it to markets throughout the United States.”

This is a huge story.

For folks who want a job but don't want the harsh climate of Williston, North Dakota, and love the sound of the name "Cheyenne" now have yet another opportunity to find wealth and happiness, even as the reporters from the Minneapolis Star-Tribune note the struggle North Dakota has dealing with its prosperity. To those reporters: "Go west, young woman!"

Guernsey, Wyoming, population, 1,200, is about an hour and a half north of Cheyenne, WY, just east of I-25. Cheyenne: home of the world-famous frontier days.

I have hitchhiked that area more than once in my cross-country hitchhiking days, summer and winter, and it is beautiful country.