Is this Warren Buffets Railroad? It would make sense for him to benefit from the obstructed Keystone pipeline. I still say use the Alaskan Model and build it. States and the voters would be chomping at the bit to build it, environment be d@mmed.
I have heard that the break even point in North Dakota is about $60 per barrel. I also hear that is not sweet crude. With today’s prices and the transportation cost is it economical?
Have you run across any reliable numbers on what the rail freight bill is from ND to the Gulf Coast?