Global wins, Tesoro waits on bringing Bakken crude to West

WALTHAM, Massachusetts (Bloomberg) -- Just as Global Partners LP gained approval to unload more oil from rail cars at a marine terminal in Oregon, Tesoro Corp. learned its plans for a similar project in neighboring Washington will have to wait. The projects are among several oil-by-rail proposals facing rising opposition after a series of derailments added to questions about the safety of carrying crude by train. Terminals are being developed across the western U.S. as refiners, lacking pipeline access, turn to rail to move crude from shale formations where output is booming.


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Global wins, Tesoro waits on bringing Bakken crude to West Global wins, Tesoro waits on bringing Bakken crude to West Reviewed by Crude Oil Brokers on 02:33 Rating: 5

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