Thursday, November 20, 2014

Energy Quote of the Day: ‘It’s Likely a Business We’re in Long-term Irrespective of Keystone’

Energy Quote of the Day: ‘It’s Likely a Business We’re in Long-term Irrespective of Keystone’

By Jared Anderson
IMG_2303
  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.

No comments:

Post a Comment