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Proposed Oil Terminal On Lake Superior Put On Hold

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SUPERIOR, Wis. (AP) — A proposed oil shipping terminal on Lake Superior has been put on hold.

Wisconsin Public Radio reports it means oil tankers won’t be sailing from western Lake Superior to the East Coast for now.

The terminal would have shipped crude from the Bakken oil fields in North Dakota. Superior Calumet Refinery manager Kollin Schade says the size and cost of an oil terminal means his company needs a refinery on the east coast as a partner. He says nobody has stepped forward with a long-term commitment to make it feasible.

Duluth Port Director Adolph Ojard says he’s not surprised. He says he doesn’t know if it makes economic sense to move crude oil on the Great Lakes. He says it’s more efficient to move it by rail and pipeline.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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