- Tesoro (TSO) moves a step closer to a final decision on its proposal to build a 360K bbl/day crude-by-rail terminal in Washington state that would be the largest in the U.S., as a state council today released a major government review of the project.
- The project would move U.S. and Canadian crude by train to Washington's Port of Vancouver on the Columbia River, where it would be transferred to vessels to feed west coast refineries, largely in California.
- The report, which does not take a position on the project, opens a 45-day public comment period, after which Washington's Energy Facility Site Evaluation Council will submit its final report and recommendation to Gov. Inslee, who has the final decision on whether it will be built.