The Vancouver Energy crude-oil-by-rail terminal at the Port of Vancouver USA will provide a steady, reliable supply of North American crude oil to Washington, fostering energy for transportation fuels and petroleum to create products critical to our way of life.
The U.S. eventually will increase its use of alternative fuels, but in the decades it will take to make those fuels viable, the Vancouver Energy terminal will serve as a bridge to our energy future. Over the 20-year life of the terminal, the project will provide crude oil to refineries in Washington and the rest of the West Coast, for use as fuel for cars, trucks, airplanes, trains and petroleum-based products like computer chips and refrigerators. The facility is critical energy infrastructure today, which can also be used well into the future. As other liquid fuels, like biocrudes, become viable on a large scale, the fuel tanks and unloading and loading facilities at Vancouver Energy can be used for these fuels.
Demand for petroleum in the U.S. remains high and will stay high for decades, especially compared to other energy sources, as the graphic below from the Energy Information Administration shows. Washington is the most trade-dependent state in the country, and petroleum is essential for the state’s entire economy.