Rail is no longer seen as just a stopgap for transporting oil until pipelines are built. Case in...
Rail is no longer seen as just a stopgap for transporting oil until pipelines are built. Case in point: Kinder Morgan Partners' (KMP) proposed 277K bbl/day Freedom pipeline would be the first to bring light, sweet oil from Texas' Permian Basin to California, but refiners Valero (VLO), Tesoro (TSO) and Phillips 66 (PSX) won't sign contracts to use Freedom, preferring the flexibility of rail cars and barges.
From other sites
at CNBC.com (Oct 15, 2014)
at CNBC.com (Oct 9, 2014)
at MarketWatch.com (Oct 2, 2014)
at CNBC.com (Aug 19, 2014)
at MarketWatch.com (Aug 16, 2014)
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