From Oregon Public Broadcasting:

Nearly three years ago, the Port of Vancouver signed a lease with companies that want to build the largest oil-by-rail terminal in the country. But the project has not gone as planned and may now be running out of time.

The proposal is now slowly working its way through Washington state’s permitting process. But it’s faced with a deadline that could prove problematic, if not ultimately fatal.

Under the lease, the terminal’s backers have three years to get the permits they need — and that three-year window runs out in August.

If the deadline isn’t met, the lease allows the Port or the project’s backers the ability to get out.

[Note: ILWU Local 4 opposes the project.]

More at OPB