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Grain Waits as Trains Move North Dakota Oil

26 Aug
Grain Waits as Trains Move North Dakota Oil

North Dakota’s oil boom is causing a transportation crisis for Midwest grain farmers according to an article in this morning’s New York Times written by Ron Nixon. You’ll find the whole article here. And here are several key lead  paragraphs:

“The furious pace of energy exploration in North Dakota is creating a crisis for farmers whose grain shipments have been held up by a vast new movement of oil by rail, leading to millions of dollars in agricultural losses and slower production for breakfast cereal giants like General Mills….

Although the energy boom in North Dakota has led to a 2.8 percent unemployment rate, the lowest in the nation, the downside has been harder times for farmers who have long been mainstays of the state’s economy. Agriculture was North Dakota’s No. 1 industry for decades, representing a quarter of its economic base, but recent statistics show that oil and gas have become the biggest contributors to the state’s gross domestic product.

An oil train rolled east through Fargo, N.D. Grain shipments have been delayed as oil has taken up freight space on the railways, leading to millions of dollars in agricultural losses. Credit Dan Koeck for The New York Times

An oil train rolled east through Fargo, N.D. Grain shipments have been delayed as oil has taken up freight space on the railways, leading to millions of dollars in agricultural losses.
Credit
Dan Koeck for The New York Times

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