Once in high demand, N.Dakota oil-by-rail shunned on East Coast
January 25, 2016 at 07:00 AM EST
NEW YORK, Jan 25 (Reuters) - In 2012, Plains All American bought a shuttered Virginia refinery for $300 million to use as a terminal and storage hub, betting that East Coast refiners would need to look beyond their own rail yards to satisfy their thirst for cut-price inland crude in coming years.