Oil by rail: Have the lessons of Lac-Mégantic been learned? No
The Canadian Association of Petroleum Producers estimates that oil transportation by rail will grow from 200,000 barrels per day in 201?5 to between 500,000 and 600,000 barrels per day by 2018—potentially a three-fold increase. This means ever more oil trains rumbling through populated communities east and west across Canada, and south to the U.S.
With pipeline approvals stalled—Keystone XL denied, Northern Gateway dead, Energy East and Kinder Morgan in deep trouble—the oil industry is running out of room. Despite the collapse in oil prices, production is still expected to grow as existing investments come on stream. Especially in the sho...
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