Breitling Oil and Gas Texas and California Morning Podcast #343

Initially thought of as a stopgap for transporting North American crude oil production until new pipelines could be built, the relatively short time needed to recover capital costs of rail infrastructure has opened the possibility that rail transportation rates could be reduced enough to keep railroads competitive and profitable even as compared to new pipelines.

Both the US and Canada have the opportunity to reduce their dependence on oil imports and increase their energy security through new domestic supply sources and the rail roads once again will be a big portion of transporation on the United States –and not just for people – but for our crude oil as it heads to one of the refineries on the East, West or Gulf Coasts here in the Us.

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