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Cp Rail Ceo Sees Boom-time Oil Loads As Pipe Pinch Roils Canada | Rigzone

by rigzone.com posted 1month ago 34 views
Boom times are back for at least one company in Canada's oil heartland. : Canadian Pacific Railway Ltd. may match or exceed its record 2014 pace of 110,000 crude carloads next year as a pipeline crunch stokes demand for shipping by train, Chief Executive Officer Keith Creel said late Thursday in an interview from Calgary, where the company is based. “The demand is there,” Creel said. “Maybe a 100,000 run rate goes to 110 or 120.