Tuesday, January 25, 2011

Can Oil be shipped economically (and safely?) by train? (Globe and Mail)


A CP train near Lake Louise, Alta. - A CP train near Lake Louise, Alta.

CN, CP eye shipping oil to West Coast

NATHAN VANDERKLIPPE

CALGARY— From Tuesday's Globe and Mail
Published 
Last updated 
The race to deliver Canadian crude to Asian shores has become a four-way battle, as transportation companies work to sign agreements with Chinese companies that are interested in shipping oil across the Pacific.
Although Enbridge Inc. (ENB-T56.310.761.37%) has attracted the most attention for its planned Northern Gateway pipeline, which would create a Pacific outlet for Alberta’s oil sands, Canadian National Railway Co.(CNR-T68.451.001.48%) has also received a favourable response to its plan for a “pipeline on rail” that would also deliver oil to West Coast tanker ships.
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