Valero Energy
Bay Area City Rejects Crude-by-Rail Terminal, Could Set Precedent
Crude-by-rail opponents are hoping that Benicia's rejection of a proposed rail terminal for a Valero refinery will set a precedent: it was enabled by a U.S. Surface Transportation Board decision allowing the city to have the final word.
California Refineries Prepare to Receive Cheaper Crude-by-Rail
The surge in oil production has not benefited California, but that's about to change. Shale oil from North Dakota and other states costs $15 less than imported oil. After transportation costs, California refineries would save $3 per barrel.
California Takes Legislative Steps to Address Growing Crude-by-Rail Shipments
While regulated on the federal level, there is still much that can be done on a state level, including adding per-barrel fees to pay for cleanup plans. Plus, a new regulation took effect requiring railroads to notify states about Bakken crude trains.
Does Obama's Keystone XL Decision Still Matter?
John Upton notes some startling changes among Gulf oil refineries - the ones that had been clamoring for the Keystone XL pipeline to be built in order to access Canada's oil sands. It's been two years - and the oil is flowing - with or without it.
California Refineries Prepare For Canadian Crude
Canadian oil is headed to two California oil refineries thanks to the collaboration of Union Pacific and Canadian Pacific railroads. Valero Energy's Benicia and Wilmington refineries are improving rail facilities in preparation for the deliveries.
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