Developers end effort for oil terminal in Washington state

ABC News – A project to build a massive oil-by-rail terminal in southwest Washington officially ended Tuesday when the project's developers and the Port of Vancouver terminated a lease for a site along the Columbia River.

The Port of Vancouver and Vancouver Energy said in statements that they agreed to end the oil terminal's lease on Wednesday, a month early. Vancouver Energy will donate its $100,000 March lease payment to a community fund that helps local nonprofit groups.

Vancouver Energy also confirmed in an email to The Associated Press that it is not appealing Gov. Jay Inslee's decision to reject a permit for the terminal.

Inslee, a Democrat, last month denied a permit for the proposed marine terminal, noting the risks and impacts outweighed the need for and potential benefits of the project. Inslee agreed with the recommendation of a state energy panel that had been reviewing the project since 2013.

Read more at ABC News.

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Oil-by-rail terminal.
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Rob NewmanCC BY-SA 2.0