Delivering oil thousands of miles by rail from the heartland to refineries on the East, West and Gulf coasts costs more, but it can mean increased profits — up to $10 or more a barrel — because of higher oil prices on the coasts. That works out to roughly $700,000 per train.
Josh Funk and Matthew Brown
, December 28, 2012
Developer says he’s close to a deal for another facility near Miller. Chuck Jepson, of Liberty Grain LLC, said he also has interest in three other sites in South Dakota where grain loading facilities may be feasible.
The State Railroad Board imposed deadlines Thursday for Wagner Native Ethanol to make good on its offer to buy the Napa-Ravinia stretch of rail line from state government and to rehabilitate the 54.5 miles of track.
The board, which met in Mitchell, adopted a resolution in fall 2006 that was signed by then-Gov. Mike Rounds agreeing to sell the line to the ethanol project, but nothing further happened.
PIERRE — The electronic bidding system that contractors have been using for years in competing for South Dakota highway projects might return to service as early as September, but this time it would be run completely by state government rather than a private firm.
State Transportation Commission members received
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