Tuesday, July 29, 2014

Crude oil and intermodal will drive rail traffic for BNSF over the long term

— by Jeff Stagl, managing editor
The Williston Area Development Foundation manages a "Rockin' the Bakken" campaign and website to promote the expansion of crude-oil drilling in the Bakken Formation, a 200,000-square-mile shale that encompasses portions of North Dakota, Montana and Saskatchewan. 

More commonly known as the Bakken Shale, the region already has been rockin' big time for BNSF Railway Co. In the past five years, the Class I's annual crude-oil volume in the shale has skyrocketed 7,000 percent from 1.3 million barrels in 2008 to a projected 89 million barrels in 2012. 

BNSF's daily volume was expected to climb from 400,000 barrels at 2012's end to 500,000 barrels by the end of this year, while the number of unit trains operating per day was projected to increase from five in 2012 to eight in 2013.MORE

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