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The long-proposed Vancouver Energy oil terminal project officially died Tuesday. Vancouver, Washington, port commissioners made it official by unanimously voting to cancel the lease.
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Early this year, Washington Gov. Jay Inslee said no to a massive oil-by-rail terminal proposed in Vancouver, Wash. The $210 million Vancouver Energy project, a joint venture from Tesoro and Savage, would have brought up to 360,000 gallons of crude oil a day on trains traveling along the Columbia River.
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Washington Governor Jay Inslee has rejected a permit to build the nation’s largest oil-by-rail terminal in Vancouver. Inslee sided with state regulators, who unanimously voted late last year to reject the project, citing significant and unavoidable risks.
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In early 2018, Washington Gov. Jay Inslee will make a final decision on whether to permit the Vancouver Energy Project -- the largest proposed oil-by-rail terminal in the country.