From the Associated Press/O.Canada.com
BISMARCK, N.D. — North Dakota is preparing to sue Washington state over a new Washington law requiring oil shipped by rail through that state to have more of its volatile gases removed, which supporters say would …
Alberta Premier-Elect Jason Kenney’s vow to cancel his predecessor’s C$3.7 billion ($2.8 billion) plan to increase the province’s crude-by-rail capacity is dividing Canada’s oil industry, with even one of his supporters saying he should keep the program.
Kenney, …
Canadian crude producer Imperial Oil has recently resumed shipping crude oil by rail from its terminal in Edmonton, Alberta, because of a marginal improvement in rail economics, a company spokesman said on Tuesday.
The pickup in volumes is …
From the Canadian Press
CALGARY — Steep oil price discounts costing Alberta producers and the provincial government millions of dollars each day in lost revenue could be …
From FreightWaves
Canadian Pacific (NYSE: CP) reported its highest quarterly revenue ever thanks to growth in energy and potash freight volumes. Third-quarter net income …
From Reuters
NEW YORK/VANCOUVER (Reuters) – U.S. East Coast oil refiners are ramping up rail deliveries of crude from Western Canada, grabbing stranded barrels that full pipelines have driven to a record discount.
That trend is expected to accelerate, as …
From Canadian Press
Railway exports of crude oil from Western Canada are starting to increase, a welcome sign for producers who were forced to accept bigger price discounts and, in some cases, curtail production, as export pipelines filled to near …
From Bloomberg/The Star
After spending hundreds of millions of dollars building rail terminals able to handle more than a million barrels a day of oil, Canadian crude …
The movement of crude oil by rail is down in the United States. Crude by rail shipments reached a peak in October 2014 at 928 MBOPD before trending …
Canadian crude oil is still making its way south into the U.S. despite the decision by the Obama administration to reject the project plan for TransCanada’s (ticker: …
Even without the 800 MBOPD capacity of TransCanada’s Keystone XL pipeline, crude oil imports from Canada make up 45% of crude shipped …
As crude oil production in the Rocky Mountains, Petroleum Administration for Defense District (PADD) 4, has steadily increased, so too has the use of railways to transport crude …
Union Pacific Corp. (ticker: UNP) announced that it will charge customers an additional $1,200 per car to ship crude oil by rail if they are using DOT-111 rail cars. …
Crude oil shipped to West Coast refiners has increased by a factor of 8 since 2012, according to the Energy Information Administration (EIA). In the first …
Crude by rail has made headlines for all the wrong reasons in recent months.
Derailments and safety issues regarding older railcars has made for plenty of fear-inducing news articles for cities and …
Washington state lawmakers passed legislation last week that adds new requirements to oil being transported into the state by rail. The bill, Senate Bill 5057, was initially …
