beaulieu CP just reaches the fringe of the Bakken Oil Fields and has only 3 loadouts on their trackage. CP is much better positioned to move Canadian Heavy Oil.
CP just reaches the fringe of the Bakken Oil Fields and has only 3 loadouts on their trackage. CP is much better positioned to move Canadian Heavy Oil.
The important thing is that they reach the Bakken field, and their loadouts can be ramped up to handle anything that comes there way.
That will probably wind down over the next few years, due to economics and the dramatic changes in leadership in both Alberta and Ottawa.
http://www.theguardian.com/environment/2015/nov/23/alberta-to-introduce-carbon-tax
C&NW, CA&E, MILW, CGW and IC fan
I also don't see how train safety would be affected by the merger. There may be more crude oil going over the CP/NS at the expense of BNSF, since CP would have a seamless line from the Bakken to the northeast refineries. However, there would still be no net increase of overall crude-by-rail.
Based on that one sided article, and many others, one can't help but wonder if the environmentalists have bought the media.
Norm
More against the wall to see if it can stick.
Never too old to have a happy childhood!
http://www.mcclatchydc.com/news/nation-world/national/economy/article46416955.html
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