Long viewed as a more expensive short-term solution to pipelines, it appears transporting crude oil via rail is likely to continue in conjunction with pipeline infrastructure. As North American oil production crept steadily higher over the past several years, the output surge overwhelmed existing pipelines and producers turned to railroads to move their product.… Keep reading →
Massachusetts Senator Edward Markey has made a rather odd request of TransCanada: that it seek to influence the marketing operations of refiners that buy Canadian crude oil shipped through the Keystone XL pipeline. Senator Markey wrote a letter to TransCanada chief executive Russ Girling yesterday requesting that the company require buyers of oil that would… Keep reading →
Opponents of TransCanada’s proposed Keystone XL pipeline have numerous complaints about the project, and one that remains front and center in the debate is that it would lead to faster development of Canada’s oil sands. But TransCanada chief executive Russ Girling, in an interview with The Hill, has made the case that the future of the… Keep reading →
