Crude by rail is making a comeback as North American crude production outpaces takeaway pipeline capacity in the Permian and lower rail costs make Bakken margins attractive to both US Atlantic Coast and US West Coast refiners, an S&P Global Platts margin analysis showed Monday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “Crude volumes are picking up in both Canada and the United States (crude by rail does look like it is making a comeback)” Bernstein analyst David Vernon wrote in a recent research note. Crude by rail volumes from the Bakken to the USAC dwindled to about 75,000 b/d in June 2018, well below the record 445,000 b/d shipped in November 2014, Energy Information Administration data showed. However, they are growing again as US Atlantic Coast cracking margins for North Dakota’s Bakken rose to an average of $14.52/b for the […]