A proposed oil-by-rail facility proposed for the Port of Vancouver could set a new standard for capacity.
A proposed oil-by-rail terminal at the Port of Vancouver would "handle an average of 360,000 barrels of crude per day, or up to four oil trains daily," reports Eric Florip.
"In fact, at full capacity, the proposal known as Vancouver Energy would handle more oil by rail than any single facility in the United States, according to an analysis of crude-by-rail terminals by The Columbian."
Vancouver Energy is a joint venture by Tesoro Corp. and Savage Companies, according to Florip. "The companies have said they don’t expect to move 360,000 barrels per day from day one. The Vancouver terminal will likely receive one to two trains daily at first, then build out to full capacity." The terminal could be fully operational within two years of launching construction.
The article also provides details on currently existing oil-by-rail facilities around the United States as well as plans to construct more such facilities—including a few others in Washington.
Read the full story: Proposed oil terminal would be biggest in volume
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