Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »


RAIL EMPLOYMENT & NOTICES



Rail News Home Rail Industry Trends

4/19/2010



Rail News: Rail Industry Trends

NuStar Energy begins to move North Dakota crude oil via rail


advertisement

NuStar Energy L.P. recently unloaded its first rail shipment of Bakken crude oil from North Dakota at a terminal in St. James, La. The company recently spent $2 million on the terminal to add rail-handling capabilities for crude oil.

NuStar currently can transport 5,000 barrels per day — via BNSF Railway Co., Canadian Pacific and Union Pacific Railroad — on a manifest basis. Rail traffic is projected to reach 10,000 barrels per day as Bakken crude-oil production increases throughout the summer and producers demand additional market outlets, NuStar officials said in a prepared statement.

The company also plans to develop a unit train facility by 2011 to ship domestic and Canadian crude oil inland.

“We think there’s a lot of potential to market this product through St. James,” said NuStar President and Chief Executive Officer Curt Anastasio.