I doubt they are permanent. Pipelines will get built; it is far cheaper and safer to transport by pipeline.
The question is will the pipeline go south to US refineries, or west for export to Asia.
There will be continued need for rail, but I suspect it will move around as pipelines get built and new oil production comes on-line.
I remember reading about a refinery that was going to be built south of Sioux Falls, SD. specifically to process the Balkan oil. What do you know about that ?
CPRS probably brings a lot of this oil to the refineries southwest of Minneapolis. I am sure the BNSF does not like the competition.
“I doubt they are permanent. Pipelines will get built; it is far cheaper and safer to transport by pipeline.”
Yep, far safer by pipeline than by rail. Yet the envirowackos stop the pipeline because they are concerned with its environmental danger? Not to mention that there is already a major pipeline across the land above the Nebraska aquifer that they ignore in their dishonest arguments.
The Demmiroids are far more concerned with preventing the USA from becoming less dependent on imported oil from hostile nations and lining the pockets of Warren Buffet, a friend of Obama.
As usual the Corrupt Liberal Media is ignoring this scandal to protect one of their own in the White House.
http://www.youtube.com/watch?v=qKdScVerrBU&feature=player_embedded
Still puzzling why there are no new refineries under construction. Guess we’re too busy building windmills and squeezing corn.