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A new way out west? CRUDE BY RAIL

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July 14, 2013 – Comments (1) | RELATED TICKERS: ENB , CVE , SU

Shipping crude by rail is finding pockets of opportunity along the U.S. western coastline and might facilitate the transfer of Canadian crude to Asian markets, if regulations allow. PHOTOGRAPH by: Eddie Seal / Bloomberg 

Full story A new way out west? CRUDE BY RAIL

OIL BY RAIL SURGING IN U.S. NORTHWEST source: sightline institute

WATCH: The report’s author, Eric de Place, summarizes the report’s findings in this video.

Lac-Mégantic to slow growth for Bakken producers, rails: Moody’s 

The fallout derailment in Lac-Mégantic, Que., will likely have a detrimental impact on the near-term growth of moving petroleum by freightPhotograph by: Canadian Press , Financial Post 

Full story Lac-Mégantic to slow growth for Bakken producers, rails: Moody’s

Pipeline oil shipping becoming more attractive than rail 

It is more profitable to move oil to the central U.S. through pipelines than to the coasts via railroad.

Full story Crude-by-rail profits fall as WTI-Brent narrows

1 Comments – Post Your Own

#1) On July 15, 2013 at 1:03 AM, awallejr (38.34) wrote:

Well this was true during the late 1800s.  Until Rockefeller decided to build pipelines to screw the railroads.

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