October 6, 2011 [Reuters] - Pipeline operator Enbridge said on Thursday it was talking with a joint-venture partner to build a rail terminal facility at Cushing, Oklahoma.
Chief Executive Patrick Daniel said Enbridge would decide in the next couple of months whether the project would go ahead.
A lack of pipeline capacity from oil storage tanks at Cushing to Gulf Coast refineries has created a glut at the oil hub, lowering the price of U.S. crude benchmark West Texas Intermediate.
As a result, several companies have used rail cars and trucks to move crude to refineries for processing
