Alberta announces deal with CN, CP to ship crude by rail

        February 19, 2019 CBC | Canada | fossil fuels: transport

After a slowdown in new pipeline construction, Alberta will lease 4,400 railcars to transport oil sands crude to the US and Pacific. 3,400 new DOT 117J and 1,000 retrofitted DOT 117R cars will move 20,000 bpd from July rising to 120,000 by mid-2020. The project will net $2.2 billion over 3 years on $5.9 billion revenues and $3.7 billion cost.