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Tuesday, February 26, 2013

Check Out These BNSF Figures -- As Provided By KFYR

KFYR is reporting:
"We knew that the Bakken was big. But like many people, we didn`t know exactly how big. But we ramped up very quickly and in accordance with what the customers were telling us and what the experts were telling us about how big the reserves were," said John Miller with BNSF.

BNSF started exporting crude oil from western North Dakota in 2008. It started carrying 1.3 million barrels a day. Within four years, its export volume jumped to 100 million barrels a day.

"We`re real pleased with the growth in crude oil by rail on BNSF. And we`re still excited about the growth for the future," Miller said.

2012 was a big year for rail in North Dakota. Exports increased by 36 percent. And the reason rail is having so much success is because trains can reach coastal refineries that will pay more for oil.
For newbies: North Dakota produces about 750,000 bbls of oil per day. 

Something tells me the story will be corrected. A "screenshot" has been taken, just in case.