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Jumping aboard the North Dakota oil-by-rail shipping boom

startribune -- Two years ago, Gabe Claypool had nothing to do with oil and railroads.

Today, he is CEO of a Wayzata-based company that ships 3.5 percent of North Dakota's oil to East Coast and other refineries in railroad tank cars.

The company, Dakota Plains Holdings, is part of a revival of the old way of shipping crude oil -- via rail -- that last flourished during World War II. And it's another case of North Dakota's oil boom igniting spinoff businesses.

"If the capacity to move oil isn't there by pipeline, the only alternative is to get it out by rail -- or you stop producing oil until the pipelines catch up," Claypool said in an interview.

Claypool, 37, who grew up on a farm in Hampton, Iowa, was living in Minnesota in 2011 when investors in Wayzata and Minneapolis approached him to run their


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Submitted Jan 20, 2013 By: Italianman
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Jumping aboard the North Dakota oil-by-rail shipping boom Back to Topics
REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

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Message Posted: Jan 24, 2013 3:54:57 AM

we'll see how long it lasts.
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Chris46
Champion Author Dayton

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Message Posted: Jan 22, 2013 9:29:47 PM

Good old American capitalism at its finest!
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7SPEEDY7
Champion Author Flint

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Message Posted: Jan 21, 2013 1:21:01 PM

ALL ABOARD.......
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tomok
Champion Author Portland

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Message Posted: Jan 21, 2013 1:22:20 AM

Jumping aboard the North Dakota oil-by-rail shipping boom! Without a pipeline to move the oil more efficiently, the railroad is the next best thing. Get the oil shipping business while you can, things can change.
Whatever the size or shape of the vehicle, vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII! - The Day After......
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rickfro
All-Star Author San Diego

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Message Posted: Jan 20, 2013 11:51:35 PM

Whatever works.
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VikingWoman
Champion Author Washington

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Message Posted: Jan 20, 2013 11:28:15 PM

good for jobs
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BobD2009
Champion Author Long Island

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Message Posted: Jan 20, 2013 10:53:48 PM

Glad they are not using Amtrak.
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CiVX
Champion Author Oakland

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Message Posted: Jan 20, 2013 10:53:41 PM

boom
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frostyWV
Champion Author West Virginia

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Message Posted: Jan 20, 2013 10:51:35 PM

have oil will travel.
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animal63
All-Star Author Indiana

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Message Posted: Jan 20, 2013 10:51:33 PM

It's good for job creation.
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yyc2yow
Champion Author Ottawa

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Message Posted: Jan 20, 2013 10:49:44 PM

could be very bad if spills
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KrsnaDragon
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Message Posted: Jan 20, 2013 10:46:51 PM

Interesting and informative article.
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10k
Champion Author North Carolina

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Message Posted: Jan 20, 2013 10:46:40 PM

and the first time one of these trains jumps the track, y'all enviro-terrorists will be screaming again..build the d*mn pipeline !!!..

[Edited by: 10k at 1/21/2013 12:47:00 AM EST]
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boatfloyd
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Message Posted: Jan 20, 2013 10:44:18 PM

Go where the money is.
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heartbroken2010
Champion Author Ottawa

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Message Posted: Jan 20, 2013 10:43:48 PM

wise guy here, goes with what he sees coming.
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probedude2
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Message Posted: Jan 20, 2013 10:43:25 PM

Look, Obama DID create some jobs!
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suicyco16
All-Star Author Phoenix

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Message Posted: Jan 20, 2013 10:41:59 PM

Super dee duper
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Aserdaten
Champion Author Florida

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Message Posted: Jan 20, 2013 10:41:49 PM

Who would have thought that railroads would have cashed in on fracking business. But what the h---, go for it!
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pricechecker08
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Message Posted: Jan 20, 2013 10:40:36 PM

Great
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pgerassi
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Message Posted: Jan 20, 2013 10:36:59 PM

Good for him.
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SaturnSC
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Message Posted: Jan 20, 2013 10:36:17 PM

Jumping
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LanguageMan1
Champion Author Tampa

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Message Posted: Jan 20, 2013 10:33:30 PM

I wish I had the extra money to invest into the railroad companies shipping out the oil.
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Zonk
Champion Author Michigan

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Message Posted: Jan 20, 2013 10:33:00 PM

Good money to be made in rail transportation of oil.
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mrreferee
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Message Posted: Jan 20, 2013 10:30:54 PM

i am not smart enough o commet
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gaspumpin
Champion Author Indiana

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Message Posted: Jan 20, 2013 10:30:16 PM

Old news
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silverfoxv65
Champion Author Michigan

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Message Posted: Jan 20, 2013 10:30:12 PM

Got to do what you got to do and that is it.
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ILANGE9
Champion Author Illinois

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Message Posted: Jan 20, 2013 10:29:45 PM

More old news.
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jim27106
All-Star Author North Carolina

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Message Posted: Jan 20, 2013 10:27:57 PM

I assume a train with oil does like 60 mph. How fast does oil go in a pipe. If anyone knows please post something on my whiteboard.
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yakstar
Champion Author Montreal

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Message Posted: Jan 20, 2013 10:27:36 PM

nothing like a railroad!
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GasholeMI
Champion Author Lansing

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Message Posted: Jan 20, 2013 10:26:47 PM

Build the pipeline. It is a no-brainer.
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TIGERPAW46
Champion Author Florida

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Message Posted: Jan 20, 2013 10:26:15 PM

Rail & Truck cost more & is more dangerous than Pipelines.
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Blue_Cruzer
Champion Author Lexington

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Message Posted: Jan 20, 2013 10:25:38 PM

Makes sense instead of the pipelins.
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ican2step
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Message Posted: Jan 20, 2013 10:24:54 PM

Neat
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wshutton
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Message Posted: Jan 20, 2013 10:24:04 PM

One advantage rail shipment has over pipelines is the destination can be changed as needed so long as the rail runs there. And all refineries seem to have some rail access. Even the Chevron refinery in El Segundo, CA which is on the coast in Los Angeles can be accessed by rail.
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snky2k
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Message Posted: Jan 20, 2013 10:22:16 PM

Choo-choo cha-ching!
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CDMAuto
Champion Author Connecticut

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Message Posted: Jan 20, 2013 10:21:43 PM

Trains helped make this country they can also help save this country
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kgbellman
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Message Posted: Jan 20, 2013 10:21:29 PM

It's been working for decades
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jimpricehunter
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Message Posted: Jan 20, 2013 10:21:03 PM


I said, What is it? And he said, This is the ephah vessel that goes forth; and he said, This is their appearance in all the land; (Then a lead cover was lifted up) and there was a woman sitting within the ephah vessel. Then he said, This is Wickedness. And he threw her down into the midst of the ephah vessel and threw the lead weight over its opening. Then I lifted up my eyes and I looked, and there were two women going forth, and the wind was in their wings; and they had wings like the wings of a stork. And they lifted up the ephah vessel between the earth and the sky. And I said, Where are they taking the ephah vessel? And he said to me, To build a house for her in the land of Shinar; and when it is prepared, she will be set there in her own place.
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swepson
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Message Posted: Jan 20, 2013 10:20:49 PM

If you've no pipe, it's the cheapest way to go.
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MidNJ
Champion Author New Jersey

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Message Posted: Jan 20, 2013 10:19:45 PM

Crreed1, "old news"?

I disagree, this is current news that we must continue to discuss.
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medic319
All-Star Author Akron

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Message Posted: Jan 20, 2013 10:18:42 PM

Lots of rail cars full of oil passing through my town! There are lots of pipelines too.
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N5EXY
Champion Author Austin

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Message Posted: Jan 20, 2013 10:17:57 PM

Thank Rocky Feller for rail cars or we would ship it in barrels.
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WIPACKERFAN
Champion Author Chicago

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Message Posted: Jan 20, 2013 10:17:43 PM

OK
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crreed1
Champion Author West Virginia

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Message Posted: Jan 20, 2013 10:16:40 PM

old news
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Aviator_Rob
Champion Author New York

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Message Posted: Jan 20, 2013 10:15:31 PM

@judgemobile is against everything.
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must87searcher
Champion Author Maryland

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Message Posted: Jan 20, 2013 10:14:38 PM

There are a number of forms of transportation, and at this time, railroad is in operation. The rail line have been traveling through the Dakotas for over a century now, and there is more than one line traveling toward the east coast.
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mfeldstein
Champion Author Ottawa

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Message Posted: Jan 20, 2013 10:13:49 PM

Old article.
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iamforiu
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Message Posted: Jan 20, 2013 10:12:53 PM

time will tell
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jkpsr
Champion Author New Jersey

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Message Posted: Jan 20, 2013 10:12:34 PM

They are shipping it to Philadelphia.
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MidNJ
Champion Author New Jersey

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Message Posted: Jan 20, 2013 10:11:34 PM

Ricebike,

"they'll find ways to lower the supply to keep gas prices high"

????????????????????????????\

Who is "They?"
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