Rail assistance: Notley says buying two new unit trains could help transport an additional 120,000 barrels a day and help narrow the oil price gap relative to the US benchmark by around US4 a barrel. — Reuters
CALGARY: Alberta is working to buy rail cars to help ship more crude as pipeline bottlenecks have the oil-rich province grappling with historic low prices.
The province has engaged a third party to negotiate the purchases and a deal may be struck “within weeks,” Premier Rachel Notley said Wednesday in a speech in Ottawa.
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