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Friday, October 12, 2012

Is There More To Rail Transport of Crude Than We're Aware?

There are few exceptions for the export of crude oil from the United States. One exception is crude oil shipped to Canada by rail. Again, the Bakken may be curiously and interestingly sitting in the sweet spot.

Link to this Reuters article. -- October 11, 2012

Link here to Globe and Mail. -- September 17, 2012

Shipping oil to Canada via rail is a "drop in the bucket" compared to what could be shipped through pipelines, but until a) the pipelines are built; and, b) the licenses are granted, something tells me there is a niche for Bakken oil to be exported to Canada.

Perhaps more to follow.......

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