CP plans $89M investment to carry more Bakken crude

12/7/2011 | Bloomberg

Canadian Pacific plans to invest around $89 million to increase the volume of its crude oil shipments from the Bakken oil region in North Dakota and Saskatchewan, Canada. "CP will take what it has learned and the products developed in North Dakota and apply them in the emerging Saskatchewan and Alberta Bakken markets," said Tracy Robinson, CP vice president of energy and merchandise.

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