- Blog
To the Pipelines, Robin! – Bakken Producers Come off the Rails as Price Differentials Narrow
Data from Genscape showing rail terminal loading volumes in North Dakota and pipeline receipts into the Enbridge North Dakota pipeline suggest that shippers are switching barrels from rail back to pipeline this month (May 2013). The apparent switching follows a narrowing of crude price differentials between coastal destinations and the Midwest from $17/Bbl in April to less than $9/Bbl last week. Today we ask whether narrowing differentials are driving a reduction in crude by rail shipments.
