Valero Looking at Rail, Barges to Ship Canadian Crude to Gulf
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Valero Energy Corp. is considering using barges and rail to move Canadian oil to the Gulf Coast as the government weighs approval of the Keystone XL pipeline, the most economic option, Valero President Joe Gorder said.
Valero could increase the amount of Canadian crude it moves by barge to its St. Charles refinery in Louisiana from Hartford, Illinois, a delivery point on an existing TransCanada Corp. line, Gorder said. Valero also owns heated rail cars and could use them to send Canadian bitumen to Louisiana and Texas.