Here is a very good article about the present state of Canadian crude being shipped to the US by rail . I think it will mean more business for our local rail-car factory. http://www.contracostatimes.co...-bay-area-refineries
Some highlights:
"While politicians, environmentalists and Big Oil fight over the Keystone XL pipeline, the Bay Area's five refineries have quietly moved toward transporting controversial Canadian tar sands crude oil via another means: rail."
"There's no question rail is growing very rapidly by every single company and part of it is because of some of the uncertainty with the pipelines," Valero Chairman and CEO Bill Klesse told investors recently."
In 2008, BNSF railway moved 1.3 million barrels of oil; by 2012, the company -- with rail routes mostly between Chicago and the West Coast -- moved 100 million barrels, it boasts in a news release. By December, a State Department report predicts 200,000 barrels a day or more of Canadian heavy crude oil will reach refineries in Louisiana, Mississippi and Texas by train.
......and the environmental concerns are addressed by the article. We all know pipelines rupture and trains have wrecks.