Motley Fool With oil pipelines from Canada filled to capacity, how do Gulf Coast refiners secure the heavy crude to produce the profitable diesel and jet fuel for investor rewards? The Keystone pipeline, if ever built, is years and billions of dollars away. Trucks ... and more »
Bloomberg Cenovus Energy Inc. (CVE), the Canadian oil and gas producer with refineries in the U.S., will increase the amount of oil it moves by rail fivefold by th...
Edmonton Journal Later, he told reporters the company is now moving about 14,000 barrels per day of heavy oil to the U.S. Gulf Coast from Canada using leased heated rail cars and has the capacity to quickly take that to a total of 30,000 bpd but doesn't need it at this ... and more »
Delta-Optimist "The rumours that have been circulating for a while that Roberts Bank could become an oil export terminal are a real concern to many people that I speak to. Setting aside the limitations of current rail infrastructure serving Deltaport - a single track ... and more »
Environment & Energy Publishing The spring's hottest Keystone XL debate sounds both arcane and elegantly simple: Can the sort of crude-by- rail surge now taking place in the Bakken Shale move north to Canada's oil sands if the White House rejects the most famous pipeline in America? and more »
Reuters NEW YORK/CALGARY (Reuters) - Oil traders are gently tapping the brakes on the thriving business of shipping U.S. and Canadian crude oil by rail , industry data showed this week, the first sign of a slowdown after a two-year boom. As price spreads for ...
Reuters NEW YORK/CALGARY, June 14 (Reuters) - Oil traders are gently tapping the brakes on the thriving business of shipping U.S. and Canadian crude oil by rail , i...
Great Falls Tribune The increased availability of rail for oil shipments has been one reason for the Bakken's rapid increase in output — providing new opportunities for mineral holders in Montana and the companies looking to extract that oil . The incredible economic ... and more »
Businessweek The rail industry is now hauling more crude than at any time since the days of John D. Rockefeller's Standard Oil . According to the Association of American Railroads, trains transported a record 97,135 carloads of crude oil in the first quarter of 2013 ...
Motley Fool Shipments of oil via the nation's railroads tripled between 2011 and 2012; that growth will likely continue as oil producers seek alternative markets for the highest returns and refiners look to replace expensive foreign imports with cheaper domestic ... and more »
