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TransCanada moving oil by rail not as simple as it seems

(Source: CBC News, May 22, 2014)

OTTAWA Strict new rules for rail cars may affect TransCanada's possible plans to move oil by train rather than through the Keystone XL pipeline, Federal Transport Minister Lisa Raitt says. The prospect of moving that oil by train the Keystone XL pipeline would carry 800,000 barrels of Alberta bitumen a day to the U.S. Gulf Coast prompted questions during a media conference with Raitt, who was in Leipzig, Germany, on Thursday.

Full story: CBC News

Friday, May 23, 2014

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