Vancouver Council OKs New Oil Terminal Moratorium
09.15.2014 - NEWS

September 15, 2014 [KGW] - The Vancouver, Washington, City Council has approved an emergency six-month moratorium on new or expanded facilities that would accept crude oil.


The Columbian reports that the moratorium approved Thursday night won’t affect the oil transfer terminal proposed by Tesoro Corp. and Savage Companies that’s currently under review by the state.

The moratorium was straightforward but a last-minute filing has complicated the issue.

The newspaper reports that Thursday’s special council meeting, announced Wednesday, was meant to head off plans by NuStar Energy L.P. of San Antonio to apply to start storing crude oil at its two bulk tank terminals in Vancouver (Fruit Valley, Harbourside).

However, Assistant City Attorney Brent Boger says NuStar filed a preliminary application with the city on Wednesday afternoon.

Boger says he doesn’t know whether a pre-application qualifies the project as vested, and therefore exempt from the moratorium. He says that without a moratorium, NuStar would be allowed to store crude oil under current city zoning.

10-year Treasury yield hovers close to highest level since April as investors await key jobs data
01.10.2025 - NEWS
U.S. Treasury yields hovered close to its highest level since April on Friday, as investo... Read More
Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports
01.09.2025 - NEWS
State of Freight The tentative agreement is on all items for a new six-year mas... Read More
China's property market is expected to stabilize in 2025 — but stay subdued for years
10.30.2024 - NEWS
China’s struggling real estate sector may not start turning around until the sec... Read More
Harris will offer an alternative to Trump-era politics in closing argument speech
10.29.2024 - NEWS
1234534234 Democratic presidential nominee U.S. Vice President Kamala Harris walks to bo... Read More