The U.S. Energy Information Administration shows that 52% of October oil production in the Bakken was distributed by rail versus only 38% by pipeline companies like Enbridge (ENB +0.37%). Plains All American Pipelines (PAA 0.43%) is one company that has been able to diversify through both tubes and rail, especially with around $1 billion in rail investment over the last few months. Check out what other companies have been positively or negatively affected by this trend by watching Motley Fool analyst Taylor Muckerman's video below.
Railroads Continue to Chip Away at Pipelines
By Taylor Muckerman – Jan 18, 2013 at 1:00PM
EIA data show market share continues to swing away from pipeline companies in the Bakken toward rail transport.
About the Author
Taylor Muckerman was lead energy & materials analyst for fool.com from 2012-2013. He is now Head of Retention for Motley Fool Canada.