BNSF, CP's network prompt construction of N.D. oil terminals

01/21/2013 | Star Tribune (Minneapolis-St. Paul, Minn.)

The presence of BNSF and Canadian Pacific in North Dakota has attracted oil companies such as Dakota Plains Holdings to build crude-by-rail terminals along their track networks. Pipelines are struggling with expansion and "if the capacity to move oil isn't there by pipeline, the only alternative is to get it out by rail," said Gabriel Claypool, Dakota Plains Holdings CEO. Oil shipments rose from 9,500 car loads in 2008 to an estimated 200,000 in 2012, according to the Association of American Railroads.

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Star Tribune (Minneapolis-St. Paul, Minn.)

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