(Source: Natural Gas Intel, November 20, 2015)
STERLING, Va. — Canadian Pacific Railway’s (CP) unsolicited $28 billion move to acquire a larger U.S. counterpart, Norfolk Southern Railroad, this week stirs questions and implications for the U.S. oil industry, which in the midst of the shale boom has increasingly relied on rail to move crude oil and other liquids to market.
Full story: Natural Gas Intel