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Strategies & Market Trends : Value Investing
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To: Ditchdigger who wrote (49035)1/22/2013 3:18:26 PM
From: E_K_S  Read Replies (3) of 78519
 
Jumping aboard the North Dakota oil-by-rail shipping boom
Article by: DAVID SHAFFER , Star Tribune Updated: January 19, 2013

Wayzata's Dakota Plains built a terminal after seeing pipelines lacked shipping capacity.
An estimated 200,000 tank-car loads of crude oil rode the U.S. rails last year, up from just 9,500 in 2008, the Association of American Railroads says. That level of crude oil traffic hasn't been seen in decades. In Minnesota, crude oil pipelines began replacing rail in the early 1950s.
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It appears that this rail car boom will last for years until the new pipelines can be built. Lot's of undervalued assets along these railways are due for a revaluation IMO.

EKS
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