(Source: Business in Vancouver, October 23, 2018)
VANCOUVER, B.C. — The discount on Canadian crude oil hit a record last week – about US$50 per barrel – due in part to severe pipeline constraints that have forced more oil to move by rail. To address safety concerns arising from oil shipped by rail, Transport Canada has ordered some 21,367 “unjacketed” oil cars to be retired as of November 1.
Full story: Business in Vancouver