3/22/2013

Railroads will be the key as more cheaply produced North American crude oil finds its way to California, which has traditionally had to depend on imported oil due to a lack of pipelines to the West Coast. The new oil bonanzas in North Dakota and Canada are the source for the increased rail traffic. BNSF, for instance, last year moved 100 million barrels to the coast, up from just 1.3 million barrels four years earlier.

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