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Rail deliveries of petroleum increasing

UPI -- The Association of American Railroads said transportation of petroleum products was up nearly 50 percent this week compared to the same period last year.

The North Dakota Industrial Commission, part of the oil and natural gas division at the Department of Mineral Resources, reported this week that less than 45 percent of its daily crude oil production was delivered by pipelines. Rail and truck deliveries, it said, "are adequate to keep up with near term production projections."

AAR said for the week that rail transportation of U.S. petroleum productions increased 46.3 percent this week compared to the same period last year. Nine of 20 commodity groups delivered by rail posted increases compared to last year.

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Submitted Sep 21, 2012 By: BurntOrange

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flagtown25 Champion Author New Jersey Posts:1,177 Points:495,405 Joined:Oct 2011	Message Posted: Sep 30, 2012 11:17:43 PM Ignore flagtown25 Report Abuse Ok
remay Champion Author Houston Posts:6,983 Points:2,120,540 Joined:May 2006	Message Posted: Sep 23, 2012 1:10:17 PM Ignore remay Report Abuse For a WEEK? How about just comparing a MONTH? Comparing just a week is not enough time!
36_ACRES_4_SALE All-Star Author Appleton Posts:999 Points:338,815 Joined:Oct 2011	Message Posted: Sep 23, 2012 9:21:31 AM Ignore 36_ACRES_4_SALE Report Abuse ok
MAC48 Champion Author Dallas Posts:1,551 Points:769,545 Joined:Dec 2006	Message Posted: Sep 22, 2012 11:54:36 PM Ignore MAC48 Report Abuse It would seem that the unreasonable opposition to new pipelines to carry oil and gas has resulted in increased tanker car traffic on the nations reailroads. Just exactly which method of oil, natural gas and refined product tranportation is best? My vote goes to pipelines as being both physically and environmentally safest.
LetemEatCake Champion Author Oklahoma City Posts:5,615 Points:1,207,555 Joined:Mar 2008	Message Posted: Sep 22, 2012 10:41:44 PM Ignore LetemEatCake Report Abuse Thanks for posting Burnt Orange!
teenitup Champion Author Houston Posts:1,687 Points:253,935 Joined:Sep 2012	Message Posted: Sep 22, 2012 12:57:25 PM Ignore teenitup Report Abuse Definitely not the safest mode of oil transport.
wild3bill Champion Author New York Posts:2,546 Points:1,687,640 Joined:Nov 2005	Message Posted: Sep 22, 2012 10:09:42 AM Ignore wild3bill Report Abuse Drought has lowered many rivers and cut barge traffic. Some may have to carry smaller load to avoid running a ground if allowed to ride th river at all!
qwerty17 Champion Author New Jersey Posts:3,660 Points:1,120,375 Joined:Oct 2009	Message Posted: Sep 22, 2012 7:36:49 AM Ignore qwerty17 Report Abuse gives a jump to rail which lost a lot of coal transport.
SUNOIL Champion Author Toledo Posts:5,260 Points:1,928,930 Joined:Jul 2007	Message Posted: Sep 22, 2012 7:01:55 AM Ignore SUNOIL Report Abuse OK
heydano67 Champion Author California Posts:1,686 Points:361,435 Joined:Feb 2012	Message Posted: Sep 22, 2012 12:14:14 AM Ignore heydano67 Report Abuse Take advantage of the infrastructure
CdnLynx Champion Author Ontario Posts:1,025 Points:526,680 Joined:May 2008	Message Posted: Sep 21, 2012 11:47:06 PM Ignore CdnLynx Report Abuse Pipelines are more efficient then trains; for the short term they will be good; pipeline will be better for the long term!
farn1958 All-Star Author Twin Cities Posts:886 Points:183,385 Joined:Feb 2011	Message Posted: Sep 21, 2012 11:21:25 PM Ignore farn1958 Report Abuse ok.
rahcat Champion Author Grand Rapids Posts:2,488 Points:666,200 Joined:Jan 2010	Message Posted: Sep 21, 2012 11:17:45 PM Ignore rahcat Report Abuse Warren Buffett loves this.
letterchunker Champion Author Texas Posts:2,250 Points:668,650 Joined:Aug 2008	Message Posted: Sep 21, 2012 11:10:26 PM Ignore letterchunker Report Abuse Way to get around Obama
Aviator_Rob Champion Author New York Posts:3,816 Points:417,015 Joined:Mar 2012	Message Posted: Sep 21, 2012 11:05:43 PM Ignore Aviator_Rob Report Abuse Gee, @HYEgasCA, tell us what you REALLY think. So, what's your beef with Warren Buffet? The fact that he actually wants the President to raise his taxes?
jetskijerry Champion Author North Carolina Posts:3,916 Points:776,270 Joined:Mar 2011	Message Posted: Sep 21, 2012 11:04:13 PM Ignore jetskijerry Report Abuse economies of scale.
yakstar Champion Author Montreal Posts:2,440 Points:482,895 Joined:Jan 2012	Message Posted: Sep 21, 2012 11:04:10 PM Ignore yakstar Report Abuse wow!
Aviator_Rob Champion Author New York Posts:3,816 Points:417,015 Joined:Mar 2012	Message Posted: Sep 21, 2012 11:02:22 PM Ignore Aviator_Rob Report Abuse @tidalwave3, do we have the numbers on who spills more oil, pipelines or trains? Pipelines take forever to shut down if there's a rupture. At least with a train, you're limited to the oil in the tanker cars if there's an accident.
Marson Champion Author Scranton Posts:8,962 Points:2,081,085 Joined:Oct 2006	Message Posted: Sep 21, 2012 10:59:27 PM Ignore Marson Report Abuse The railroads are getting the oil out, but pipelines would be much more efficient and cheaper.
Aviator_Rob Champion Author New York Posts:3,816 Points:417,015 Joined:Mar 2012	Message Posted: Sep 21, 2012 10:59:19 PM Ignore Aviator_Rob Report Abuse Pipelines might be more efficient, @mstearno, but they spill a lot more oil than a train if there's an accident.
Jeeputtputt Champion Author Ohio Posts:3,002 Points:677,465 Joined:Aug 2009	Message Posted: Sep 21, 2012 10:58:37 PM Ignore Jeeputtputt Report Abuse This will cost us (tax-payers) more with each mishap/accident...
Aviator_Rob Champion Author New York Posts:3,816 Points:417,015 Joined:Mar 2012	Message Posted: Sep 21, 2012 10:57:47 PM Ignore Aviator_Rob Report Abuse The railroads can produce more jobs than the pipeline ever could. Run more tanker cars pulled by more locomotives.
wilbur_gas Champion Author Los Angeles Posts:1,702 Points:650,110 Joined:Mar 2011	Message Posted: Sep 21, 2012 10:55:25 PM Ignore wilbur_gas Report Abuse What product is being transported? Grease, Gas, or crude?
TXGasPriceSpy Champion Author Fort Worth Posts:7,835 Points:1,476,275 Joined:Sep 2008	Message Posted: Sep 21, 2012 10:52:23 PM Ignore TXGasPriceSpy Report Abuse Warren is very happy.
TXRanger09 Champion Author Dallas Posts:2,519 Points:894,060 Joined:May 2009	Message Posted: Sep 21, 2012 10:47:02 PM Ignore TXRanger09 Report Abuse Go BNSF! Maybe thats why BNI stock is trading @ its 52 week high. $100.23 per share - 52 week low was $50 ish. Ya think hauling oil pays better than coal? Duh.
Lizzylou Champion Author Stockton Posts:8,818 Points:2,357,285 Joined:Oct 2005	Message Posted: Sep 21, 2012 10:39:09 PM Ignore Lizzylou Report Abuse Sounds good!
CCLighthouse Champion Author Hartford Posts:1,023 Points:216,930 Joined:Aug 2012	Message Posted: Sep 21, 2012 10:38:49 PM Ignore CCLighthouse Report Abuse Yeah! Good idea DEG.
RomneySucks Rookie Author Oregon Posts:10 Points:1,215 Joined:Sep 2012	Message Posted: Sep 21, 2012 10:33:17 PM Ignore RomneySucks Report Abuse Ya think?
ggordo Champion Author Long Island Posts:1,690 Points:357,605 Joined:Apr 2012	Message Posted: Sep 21, 2012 10:31:52 PM Ignore ggordo Report Abuse good
DEG Champion Author Las Vegas Posts:17,640 Points:3,498,605 Joined:Jul 2003	Message Posted: Sep 21, 2012 10:30:37 PM Ignore DEG Report Abuse Build refineries in the Dakotas or in Montana.
CarefreeVT Champion Author Burlington Posts:1,824 Points:262,580 Joined:Aug 2012	Message Posted: Sep 21, 2012 10:27:24 PM Ignore CarefreeVT Report Abuse Petroleum or corn to be processed into ethanol?
jrsva Champion Author Virginia Posts:9,873 Points:1,616,250 Joined:Jan 2006	Message Posted: Sep 21, 2012 10:26:16 PM Ignore jrsva Report Abuse Good for the railroads. UP stock has more than doubled. I hope that CSX and NS will get some of the action.
mstearno Champion Author Dayton Posts:8,085 Points:1,735,115 Joined:Jan 2008	Message Posted: Sep 21, 2012 10:25:36 PM Ignore mstearno Report Abuse pipeline is more efficient
bonzoonfmb Champion Author Florida Posts:1,792 Points:646,535 Joined:Feb 2010	Message Posted: Sep 21, 2012 10:24:33 PM Ignore bonzoonfmb Report Abuse The supply has to get to where it is needed somehow.
ExplorerWA Champion Author Washington Posts:4,098 Points:800,175 Joined:Feb 2011	Message Posted: Sep 21, 2012 10:23:37 PM Ignore ExplorerWA Report Abuse Keep that oil moving.
tidalwave3 Champion Author Tallahassee Posts:1,311 Points:1,466,515 Joined:Jun 2008	Message Posted: Sep 21, 2012 10:21:39 PM Ignore tidalwave3 Report Abuse Romney will approve XL Pipeline and slow this down :) An environmental disaster on rail coming :(
TFowler513 Champion Author Memphis Posts:3,824 Points:1,416,485 Joined:Mar 2008	Message Posted: Sep 21, 2012 10:20:16 PM Ignore TFowler513 Report Abuse We can only hope that it drops the price at the pump!!!
RomneySucks Rookie Author Oregon Posts:10 Points:1,215 Joined:Sep 2012	Message Posted: Sep 21, 2012 10:17:27 PM Ignore RomneySucks Report Abuse Romney will open the floodgates to Mexican trucks and drivers.
DustyHorse Champion Author Virginia Posts:6,103 Points:1,394,770 Joined:Oct 2008	Message Posted: Sep 21, 2012 10:16:46 PM Ignore DustyHorse Report Abuse Pipelines would be better.
BoerneWatch Champion Author San Antonio Posts:15,557 Points:2,456,865 Joined:Oct 2005	Message Posted: Sep 21, 2012 10:14:44 PM Ignore BoerneWatch Report Abuse This won't last forever. If there is a lot of volume, pipelines will be built and the rail will price itself out of a job.
abcdMA Champion Author Worcester Posts:7,942 Points:1,578,880 Joined:Nov 2008	Message Posted: Sep 21, 2012 10:13:05 PM Ignore abcdMA Report Abuse good deal
scrounger Champion Author Vancouver Posts:9,778 Points:3,046,805 Joined:Mar 2003	Message Posted: Sep 21, 2012 10:12:18 PM Ignore scrounger Report Abuse Just wait.........eventually there will be a derailment of multiple tank cars and then what?
Buddy2264 Champion Author Tampa Posts:11,674 Points:2,363,970 Joined:Oct 2005	Message Posted: Sep 21, 2012 10:08:07 PM Ignore Buddy2264 Report Abuse I would guess they can move it by rail cheaper than by truck. If they can keep up with demand by adding cars then maybe the pipeline is a mute point.
LetemEatCake Champion Author Oklahoma City Posts:5,615 Points:1,207,555 Joined:Mar 2008	Message Posted: Sep 21, 2012 10:03:58 PM Ignore LetemEatCake Report Abuse Clermont rails are far, far safer than a pipeline....although not as efficient. The spill news from pipelines lately has been once a week, if you count all of the small as well as the large ones.
serrog Champion Author Nova Scotia Posts:5,584 Points:1,516,130 Joined:Oct 2008	Message Posted: Sep 21, 2012 10:03:56 PM Ignore serrog Report Abuse Temporary likely as the Greens will mess it up
souly Champion Author Montreal Posts:1,780 Points:435,295 Joined:Jun 2010	Message Posted: Sep 21, 2012 10:03:54 PM Ignore souly Report Abuse thanks for the post
Lukus Champion Author Halifax Posts:8,304 Points:1,678,530 Joined:Nov 2007	Message Posted: Sep 21, 2012 10:02:21 PM Ignore Lukus Report Abuse OK
Dragnet Champion Author Arizona Posts:15,422 Points:2,911,685 Joined:Jul 2004	Message Posted: Sep 21, 2012 10:01:04 PM Ignore Dragnet Report Abuse Possible but won't lower prices at the pump.
skyking19 Champion Author Little Rock Posts:2,006 Points:1,702,415 Joined:Jan 2007	Message Posted: Sep 21, 2012 9:55:03 PM Ignore skyking19 Report Abuse Makes sense and the capacity is available to handle it.
mil2008 Veteran Author San Jose Posts:433 Points:1,273,545 Joined:Mar 2008	Message Posted: Sep 21, 2012 9:53:21 PM Ignore mil2008 Report Abuse good