Canadian oil producers will lose an estimated $15.8 billion this year in foregone revenues compared to other producers.
crude oil transport
October 3, 2018 8:21AM
August 30, 2018 2:12PM
Court rejects Trans Mountain project approval—more crude-by-rail means lost revenue for oil producers, economy
Pipelines are 2.5 times safer than rail transport.
February 14, 2018 10:05AM
Due to pipeline constraints, Canadian oil producers are selling unrefined bitumen at a fraction of the price many competitors receive.
August 13, 2014 6:00AM
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.