Saturday, February 23, 2013

Refinery Ramping Up Rail Shipments of Bakken Crude

According to a Reuters report, Philadelphia Energy Solutions (PES) is increasing its rail shipments of Bakken crude with the goal of transporting 140,000 barrels per day to its 147-year-old refinery complex by the third quarter of this year. The company says it will be able to accept two or three unit trains filled with crude per week by April 1. By July or earlier, the plan is to increase the total to five unit trains, and in the third quarter to offload a total of 14 per week or two per day, a company official told ReutersThe unit trains PES will use carry 70,000 barrels of crude a day in 120 cars that stretch 1.5 miles. Read more

No comments: