Crude-by-rail is not a short-term trend

03/3/2013 | Financial Post (Canada)

BNSF, Canadian National, Canadian Pacific, CSX and Union Pacific's crude oil shipments are expected to continue indefinitely as they "have been shipping more than 400,000 barrels per day or more than 4% of total North American production," writes Yadullah Hussain. He cited CN and CP's crude-by-rail networks, which play a major role in attracting more business from energy companies.

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