There are 5 refineries in NW Washington. 2 in Ferndale (BP and Phillps 66), 2 in Anacortes (Shell and Tesoro) and little US Oil & Refining in Tacoma, totaling over 630,000 Barrels per day. Which one do you think receives no oil from the port. The port is why they were built there. There has been some increase in rail traffic from the Bakken, but it is relatively small.
As of May this year, none of those refineries had the rail handling capacity to equal their refining capacity, although little US Oil&Ref was close with 35MBPD compared to the 42MBPD throughput.
Capcity ofOperable Petroleum Refineris by Stae asof January 1,2014
http://www.eia.gov/petroleum/refinerycapacity/table3.pdf
The Northwest’s Pipeline on Rails
http://www.sightline.org/research/the-northwests-pipeline-on-rails/
All have plans to bring more in, but they are still not complete. This is really more competition for oil imported farther away like Asia and the Middle East.
http://www.eia.gov/state/analysis.cfm?sid=WA
Help me understand Prop 1. It appears to me that Alaska voters have left in place a new tax on oil companies.
If approved, it would restore the overbearing profit tax put in place back during the Palin Administration. If voted down, it would keep the current tax structure that has lead to more investment by the oil companies.
