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Author Topic: Valero Looking at Rail, Barges to Ship Canadian Crude to Gulf Back to Topics
DoctorV

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Detroit

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Message Posted: Jan 29, 2013 8:12:25 PM

Valero Energy Corp. (VLO) is considering using barges and rail to move Canadian oil to the Gulf Coast as the government weighs approval of the Keystone XL pipeline, the most economic option, Valero President Joe Gorder said.

Valero could increase the amount of Canadian crude it moves by barge to its St. Charles refinery in Louisiana from Hartford, Illinois, a delivery point on an existing TransCanada Corp. (TRP) line, Gorder said. Valero also owns heated rail cars and could use them to send Canadian bitumen to Louisiana and Texas.

Crude production in Canada is outpacing takeaway capacity, creating a glut in Alberta that depressed prices to a record low last month against Mexico’s Maya crude, the heavy oil benchmark used on the Gulf Coast...

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MAC48
Champion Author Dallas

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Message Posted: Jan 30, 2013 10:36:00 PM

It would be much better economically, environmentally and safer for one and all to ship heavy Canadian crude oil by pipeline. If pipeline capacity is not increased for both crude oil and refined oil products, other means of transportation will be used as long as there is a demand any where in the world that economically justifies the transportation costs.

The environmental groups would be very smart to insure that safe high quality well maintained pipelines are built to alleviate the pipeline capacity shortage as opposed to the use of trains, barges and trucks for the same shipments.
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ss70
Champion Author Detroit

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Message Posted: Jan 30, 2013 11:03:00 AM

using the barges would be good .
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Yooperheart
Champion Author Michigan

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Message Posted: Jan 30, 2013 6:33:38 AM

Use the choo-choo.
Skip the boat, mississippi is a mud pit anyway.
Last thing New Orleans needs is more oil spills.
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Straitliner
Champion Author Illinois

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Message Posted: Jan 30, 2013 6:22:24 AM

Barges... down the Mississippi right now isnt a good thing with the drought lingering on.
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hokieburgh
Champion Author Virginia

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Message Posted: Jan 30, 2013 5:12:57 AM

again...could be a nice boost for the rail industry
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JohnofGB
Champion Author Flint

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Message Posted: Jan 30, 2013 12:22:01 AM

Canadian crude is being discounted and these vulture refineries are charging just like they are paying full price for the crude oil. Gougers.
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NHLiveFree
Champion Author New Hampshire

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Message Posted: Jan 30, 2013 12:12:01 AM


Any and every way possible to get Alberta tar sands bitumen out of Canada and over to China. We all know what happens with desperation plans like this one from Valero, with a notorious safety record, or that of Nexen!
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SammyAdams
Champion Author Tallahassee

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Message Posted: Jan 29, 2013 11:59:33 PM

With the news of the barge spill being recent on "Old Man River", many folks will begin to look more favorably towards the KXL. Pipelines have a better safety record for transporting crude oil, but I wish Valero great success in their efforts.
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amerk73
Champion Author Dallas

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Message Posted: Jan 29, 2013 11:55:12 PM

good for them
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DrGasPain
All-Star Author Dallas

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Message Posted: Jan 29, 2013 11:37:00 PM

The Keystone XL would be much more efficient, safer and environmentally friendly.
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Zing20
Champion Author Fresno

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Message Posted: Jan 29, 2013 10:50:49 PM

Good
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mastermariner
Champion Author Texas

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Message Posted: Jan 29, 2013 10:06:12 PM

Way to go why wait?
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MINIWINI598
Champion Author Washington

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Message Posted: Jan 29, 2013 9:59:47 PM

interesting
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humblepie
Champion Author Toledo

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Message Posted: Jan 29, 2013 9:46:25 PM

would be very wise, considering the

xl probably wont be built in our lifetime
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Wanda127
Champion Author Florida

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Message Posted: Jan 29, 2013 9:40:58 PM

Maybe it will work until something is done about the pipeline or maybe in addition too the pipeline.
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Lugi1967
Champion Author Ohio

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Message Posted: Jan 29, 2013 9:22:54 PM

ok
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Lugi1967
Champion Author Ohio

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Message Posted: Jan 29, 2013 9:22:40 PM

Free enterprise
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jwkycola
Champion Author Columbia

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Message Posted: Jan 29, 2013 9:06:30 PM

Ok.
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