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"Growing Use of Railroads to Ferry Crude Leads to Cool Reception for $2 Billion [Pipeline] Project" - Article in Today's Wall Street Journal
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<p><span style="font-family:verdana,geneva;font-size:small;">I don’t understand the gist of the links, or the topic title. Why has the reception for pipelines cooled? For as much as the railroads would like to see oil shipped by rail, pipelines do seem to be the preferred method in economic terms. It is just that economic rationale seems to be taking a backseat to regulatory policies.</span></p> <p><span style="font-family:verdana,geneva;font-size:small;">Last year when the rug was pulled out from under Keystone, we were told that it was not dead, but just needed a little more time for the proper review and approval. I think we were told that the final approval was intended, but may take up to a year. We were emphatically told that the Keystone Pipeline has not been killed. So I expect the dirt to start flying any day now as soon as the okay is given. </span></p>
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