(Source: Freight Waves, February 15, 2021)
CHATTANOOGA, Tenn. — President Joe Biden’s revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global market.
Full story: Freight Waves