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Does zero Bakken crude for Irving Oil indicate a trend?

from RailwayAge

Irving Oil Ltd., operator of Canada's largest crude oil refinery, has stopped importing crude oil sourced from the Bakken shale formation in North Dakota and shipped by rail in favor of cheaper crudes from such producers as OPEC, "reflecting a shift in crude costs affecting East Coast refiners during a global slump in oil prices," the Wall Street Journal recently reported. The 320,000-barrel-a-day refinery in Saint John, New Brunswick, one of the biggest by volume in North America, had been receiving 100,000 barrels a day by rail, a high reached two years ago that was only temporarily affected by the Lac Mégantic disaster. more


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