What Keystone pipeline cancellation means for crude by rail

(Source: Freight Waves, February 15, 2021)

CHATTANOOGA, Tenn. — President Joe Biden’s revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global market.

Full story: Freight Waves

Tuesday, February 16, 2021
bentley@ble-t.org

http://www.ble-t.org/pr/news/headline.asp?id=70376