A reader reminded me to look at this story. I can't remember if I have previously posted it.
Reuters is reporting, September 3, 2014:
Phillips 66 is buying
more railcars to eventually move up to 185,000 barrels per day
(bpd) of North American crude oil, including output from North
Dakota's Bakken shale and Canada, to its refineries on the East
and West coasts, Chief Executive Officer Greg Garland said on
Wednesday.
The fourth-largest U.S. refiner has already bought, or has
on order, 3,200 railcars. Garland said during a webcast of a
presentation at the Barclays CEO Energy-Power Conference that
the company has ordered another 500 railcars to boost its fleet
to 3,700 railcars.
On Aug. 1 the company's 238,000-bpd Bayway refinery in
Linden, New Jersey, received its first crude-only train at the
plant's newly expanded offloading system. The system can take up
to 70,000 bpd, in addition to up to 75,000 bpd from a joint
venture with Global Partners.
Phillips 66's 30,000-bpd offloading system at its
100,000-bpd refinery in Ferndale, Washington, is on track to
start up in the fourth quarter, Garland said.
Garland said the company was "disappointed" in the lengthy
permitting process for a rail offloading project at its refinery
in Santa Maria, California, but remained optimistic it would be
built.
NorthJersey.com provides this update, published yesterday, October 3, 2014:
Garland also said that Phillips 66 had acquired 710 acres in North
Dakota near the oil fields and plans to build a rail facility there that
would move as much as 7.8 million gallons of oil [at 42 gallons/bbl = 186,000 bbls] a day to Bayway and
its refineries on the West Coast. A Phillips 66 spokesman said the
company carries crude oil only in tanker cars with the latest safety
features, not in older cars that regulators have called substandard.
The oil business has boomed in North Dakota since a huge reserve was
found almost six years ago. The 1 million barrels of crude extracted
from Bakken shale each day has been credited with helping reduce oil
imports to the lowest level in 29 years along with revitalizing
refineries on the East Coast.
Perhaps a reader knows where the 710-acre proposed site is.
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