• 7 minutes Get First Access To The Oilprice App!
  • 11 minutes Japanese Refiners Load First Iran Oil Cargo Since U.S. Sanctions
  • 13 minutes Oil prices forecast
  • 17 minutes Renewables in US Set for Fast Growth
  • 4 hours Chinese FDI in U.S. Drops 90%: America's Clueless Tech Entrepreneurs
  • 27 mins Socialists want to exorcise the O&G demon by 2030
  • 6 hours Good Marriage And Bad Divorce: Germany's Merkel Wants Britain and EU To Divorce On Good Terms
  • 19 hours Cheermongering about O&G in 2019
  • 1 day Duterte's New Madness: Philippine Senators Oppose President's Push To Lower Criminal Age To 9
  • 1 hour Russian Message: Oil Price War With U.S. Would Be Too Costly
  • 1 day North Sea Rocks Could Store Months Of Renewable Energy
  • 3 hours Oil CEOs See Market Rebalancing as Outlook Blurred by China Risk
  • 11 hours *Happy Dance* ... U.S. Shale Oil Slowdown
  • 2 days Is Natural Gas Renewable? I say yes it is.
  • 24 hours Oceans "Under Fire" Of Plastic Trash
  • 42 mins WSJ: Gun Ownership on Rise in Europe After Terror Attacks, Sexual Assaults
  • 2 days Emissions from wear of brakes and tyres likely to be higher in supposedly clean vehicles, experts warn
Oil Prices Lag Despite Early OPEC Cuts

Oil Prices Lag Despite Early OPEC Cuts

OPEC already started cutting crude…

Zainab Calcuttawala

Zainab Calcuttawala

Zainab Calcuttawala is an American journalist based in Morocco. She completed her undergraduate coursework at the University of Texas at Austin (Hook’em) and reports on…

More Info

Washington State’s Oil-By-Rail Project Denied By Governor

oil train

A proposed oil-by-rail terminal along the Columbia river was denied a permit by Washington Governor Jay Inslee, according to a new report by the Statesman Journal.

A state energy panel had voted to deny Vancouver Energy’s application back in November. Inslee concurred with the results of the vote, according to a statement published by the governor’s office.

Vancouver Energy is a joint venture funded by Tesoro Corp. and Savage Companies. It plans to build a terminal for the reception of 360,000 barrels per day of crude from Vancouver. Tankers would bring over the oil for processing in refineries along the West Coast.

Inslee said that existing information about the project did not meet “a broad public interest standard” required for panel approval. Tesoro and Savage have a month to appeal the governor’s decision in court.

The companies have said they were extremely disappointed with the decision of the panel back in November, with a spokesman saying that the commission "has set an impossible standard for new energy facilities based on the risk of incidents that the Final Environmental Impact Statement characterizes as extremely unlikely."

More than a quarter of a million public comments on the proposed terminal, including notable opponents to the project such as environmental groups, tribes, and municipalities from the area, were logged when the panel was considering the permit. The opponents of the project argued that all the benefits from the site will be reaped by California, and in the future by foreign markets, while all the risks will be reaped by local communities. These risks include spills, train accidents, and longer emergency response times caused by increased road traffic. Also, the study identified as a risk the potentially negative consequences for low-income communities and even the risk of an earthquake that could cause an oil spill in the port.

By Zainab Calcuttawala for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment
  • Bill Simpson on January 30 2018 said:
    I thought Trump would order any oil projects built? What happened here?
    Louisiana just approved a big new pipeline right through an enormous swamp. People there are smart enough to know that without enough oil, the economy would collapse. And we would all starve, after the banking system melted down and everything shut down. Don't laugh, it came within about a week of happening in 2008. And it is so hot in Louisiana for 6 months of the year that bacteria will eat any spilled oil within weeks.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News