Canadian National Rail announces jump, still trails Canadian Pacific deliveries
The Petroleum News website on Saturday reported that Canadian National Rail plans to double its projected shipment of western crude oil from 30,000 carloads in 2012. The 2012 numbers are up sharply from 2011, when the railroad moved 5,000 carloads to U.S. markets.
As rail transport is on the rise, the Canadian government is looking for efficient ways to reach an expanded marketplace for the crude oil, including gaining access to the British Columbia coast to open routes to the Asia-Pacific region.
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A greater discussion about transporting the crude oil is continuing efforts to secure pipelines that move the product more efficiently than rail cars. In the meantime, rail transport is playing a pivotal role in growing the industry in Canada. And a thriving oil industry means more work for support services contractors in the region.
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