Port of Grays Harbor open to oil exports

HOQUIAM, Wash. (AP) - Port of Grays Harbor commissioners granted a lease option Tuesday to a company that plans to export oil from a terminal at Hoquiam.

KBKW reports ( http://bit.ly/ZFZLNS) the option allows the Grays Harbor Terminals company to begin seeking permits.

It's a subsidiary of US Development, which previously announced plans to build storage tanks to hold oil arriving by trains from Montana and North Dakota.

The company has said it plans to invest more than $60 million in the Hoquiam terminal which would employ 30 to 50 workers loading tankers.

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Information from: KBKW-AM, http://kbkw.com


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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Comments (5)


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  • deltta wrote...
    No oil should get shipped overseas
    Till gas here is 2.50 a gallon............
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • tbohon wrote...
    I agree ...
    Keep the oil home until our gas prices are a heck of a lot more reasonable. Even with the increased shipments to our 'local' refineries our gas prices are higher than most in the country (CA and HI excepted). We should benefit from lower cost locally refined gasoline before Asia does for crying out loud ... !
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • lazarus wrote...
    You agree with what?
    That you feel you are entiled to a consumer product at a price that you set? Really? Do you feel your food, electricity, car, airline ticket or anything you care to name, should be provided to you at the price you feel 'entitled' too? Oil is a world commodity, like all commodities, the price responds to demand. Further, just to jump the argument I'm sure someone will make. The price of a barrel of crude oil is only 30 to 40 percent of the price of gasoline at the pump. Transportation, refining, taxes, and the ridiculous 'blends' required by both states and the federal government are responsible for the majority of the cost per gallon. If you desire your costs of oil to decrease--then you are certainly entitled use less.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • CH wrote...
    Grays Harbor
    coal is the real money. Export coal from a terminal at Hoquiam.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • HLC wrote...
    I agree CH.
    Those talks have already started. Permitting soo to follow.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • { "Thumbs Up":"1","Thumbs Down":"-1" }