Phillips 66 moving Bakken oil by rail in $1B deal
Phillips 66 has begun shipping crude by rail from North Dakota to a refinery in New Jersey in an effort estimated at more than $1 billion.
View ArticleRail terminal could bring more Canadian oil to Gulf
The oil industry isn’t waiting on the Keystone Pipeline to build a link between Canadian heavy crude and the Gulf Coast.
View ArticleLogistics exec says rail trumps pipelines
Because trains offer flexibility that fixed pipelines can't match, the trend of moving oil by rail is here to stay, an energy executive told industry leaders and analysts Monday.
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