Alberta needs to buy as many as 7,000 rail cars if it wants to meet its goal of shipping an additional 120,000 barrels of oil a day, says Premier Rachel Notley. Rail cars wait for pickup in Winnipeg, Sunday, March 23, 2014. “Alberta will buy the rail cars ourselves to move this oil,” she told the group of business leaders. “Additional rail is only a short and medium-term measure. The price of Alberta crude is currently sitting around $10 a barrel, which Notley says is $40 less than the price of oil for other world producers.
Source: thestar November 29, 2018 20:40 UTC