Canadian National Railway Increases Oil Transport

The Canadian National Railway reportedly plans to double its crude oil shipments to about 60,000 car loads this year, which equates to an average of nearly 100,000 barrels of oil per day. The increase is being driven in large part by political resistance to pipeline expansion to the U.S. and the Canadian West Coast. The CN expansion includes plans to build rail loading facilties in western Canada and to construct supply chains to carry crude to refineries in the Chicago area, Detroit, Delaware, Pennsylvania, Louisiana, Memphis and Texas, using U.S. rail partners like CSX and Norfolk Southern. Read more