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Author: tyska Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 63836  
Subject: Re: Oil by rail Date: 1/18/2013 1:04 PM
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Some what linked article on Cushing .Makes some interesting arguments,just not sure that I agree with him. If you can move the oil to a port that changes everything.

http://oilprice.com/Energy/Crude-Oil/Oil-Glut-at-Cushing-Sto...

"Seaway Pipeline Expansion

The Seaway pipeline was recently expanded to 400,000 barrels per day from 100,000 barrels per day, and many analysts have predicted that this would solve the Cushing oil glut. But it is looking more and more that what the Seaway pipeline offers is a cheaper mode of delivery out of Cushing, and the real benefit is one of logistical optionality for transportation.

However, it is shaping up due to the sheer size of these build in inventories at Cushing that the Seaway pipeline is not a magic solution for the supply and demand fundamentals at play in the oil industry in the United States, there is just more US production, than there is US infrastructure in place to deal with the trending upturn in this production."

Dan
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