Crude Oil Shipping Blocked under New U.S. Venture Port Lease: Company Plans to Ship Ethanol to Canada, Europe
by Arthur Thomas (Biz Times) Appleton-based U.S. Venture Inc. would agree to not receive, handle, store, ship or distribute crude oil through its Port Milwaukee operations as part of an amended lease agreement currently before the city’s Public Works Committee.
The possibility of the company shipping crude oil through the port was among a number of concerns raised during debate earlier this year over a previous lease amendment. Opponents, including Citizens Acting for Rail Safety and Milwaukee Riverkeeper, expressed concern about the possibility of a spill at the port along with additional trains and trucks operating near downtown.
U.S. Venture plans to build a 1,000-foot long pipe from its tank yard at the port to the port’s liquid cargo terminal to export ethanol to Canada and Europe. The ethanol will be shipped to the port via truck or train before being loaded and sent out by boat. The company also submitted a conditional use permit application in July to install equipment to expand its ability to handle liquid petroleum gas and will also be submitting an application to the Board of Zoning Appeals.
The company would have also have been able to ship crude oil through the port had it secured permits from the Department of Natural Resources. Company representatives indicated in April they were open to limiting crude in future lease amendments. READ MORE