Rail becoming a permanent fix for oil transport, says Mongeau

04/25/2013 | Edmonton Journal (Alberta), The

Crude-by-rail shipping is becoming more popular as energy companies begin to embrace it as a permanent transport solution instead of a short-term trend, said Canadian National CEO Claude Mongeau. "For North America I believe it's a tectonic shift that's happening," Mongeau said. "We're only in the third or fourth inning in terms of railroads becoming a complementary niche player to the pipeline industry."

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Edmonton Journal (Alberta), The