marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Canada's Alberta Will Buy Rail Cars to Transport Crude

November 28, 2018

© Andre / Adobe Stock
© Andre / Adobe Stock

Canada's energy-rich province of Alberta is in talks to buy rail cars to transport 120,000 barrels per day of crude oil and expects a deal to conclude within weeks, Premier Rachel Notley said on Wednesday.

Notley, who says the cars are needed to help deal with a glut of oil that has slashed the price of Alberta oil, told a business audience in Ottawa she was disappointed the federal government was not helping fund the purchase.

Full pipelines have stranded much of Western Canada's expanding crude output, driving down the price U.S. refineries are willing to pay. Notley has asked Prime Minister Justin Trudeau's government to help pay for additional rail capacity though Alberta had not received an answer from Ottawa.

(Reuters, Reporting by David Ljunggren, Editing by Franklin Paul)

Logistics News

Nikkiso Delivers Dry Dock Overhaul for LNG Tanker

Nikkiso Delivers Dry Dock Overhaul for LNG Tanker

CMA CGM Demonstrates Relative Resilience in a Volatile Q3

CMA CGM Demonstrates Relative Resilience in a Volatile Q3

Baltic Index Ends Seven-Session Gaining Streak

Baltic Index Ends Seven-Session Gaining Streak

Iraq Trucks Oil Exports Overland Amidst Continued Hormuz Disruptions

Iraq Trucks Oil Exports Overland Amidst Continued Hormuz Disruptions

Subscribe for Maritime Logistics Professional E‑News

Oil giants rush in to help Italy's Meloni reduce energy costs by introducing fuel price caps
Canada fast tracks oil pipeline to diversify economy and divert away from US
US ends review of data privacy for US Airlines without Penalties