How Likely is a Canadian Oil-by-Rail Boom?

oil by rail, oil train

In the weeks since Kinder Morgan’s announcement that it was suspending all “non-essential spending” on the proposed Trans Mountain pipeline, we’ve seen yet another round of concerns about a spike in the shipping of oil by rail.

The argument goes that failing to build Trans Mountain means that excess oil from Alberta will just be shipped to markets by rail — a more costly option with the potential for fiery spills and explosions in the middle of communities, like what happened in Lac-Mégantic back in 2013.

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