crude oil transport

11:29AM
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Pipeline crunch sending crude to markets—by truck

Truck transport costs US$20 per barrel—four times more expensive than pipelines.


8:21AM
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Canadian oil producers will lose an estimated $15.8 billion this year in foregone revenues compared to other producers.


10:05AM
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Pipeline aren’t just an Alberta issue—they are crucial to national prosperity

Due to pipeline constraints, Canadian oil producers are selling unrefined bitumen at a fraction of the price many competitors receive.


6:00AM
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In the wake of the Lac-Mégantic oil-by-rail disaster, when a train carrying crude oil from North Dakota’s Bakken field exploded in Quebec, some people began to characterize Bakken crude oil as “uniquely flammable,” with an implication that new rail car standards might be required to move the material.