U.S. Rail Transportation of Crude Oil

"North America is experiencing a boom in crude oil supply, primarily due to growing production

in the Canadian oil sands and the recent expansion of shale oil production from the Bakken fields

in North Dakota and Montana as well as the Eagle Ford and Permian Basins in Texas. Taken

together, these new supplies are fundamentally changing the U.S. oil supply-demand balance. The

United States now meets 66% of its crude oil demand from production in North America,

displacing imports from overseas and positioning the United States to have excess oil and refined

products supplies in some regions..."

U.S. rail/crude transportation