Canadian oil producers seek alternatives as rail strike looms

Western Canadian heavy oil and bitumen producers are seeking alternatives to ship their barrels to markets with the stage being set for Canadian railroads to strike work starting Aug. 22, industry participants said. “We are focused on the final outcome and continue talks with CN [Canadian National] Railway,” Strathcona Resources CFO Connor Waterous, said last week on the company’s second…Western Canadian heavy oil and bitumen producers are seeking alternatives to ship their barrels to markets with the stage being set for Canadian railroads to strike work starting Aug. 22, industry participants said. “We are focused on the final outcome and continue talks with CN [Canadian National] Railway,” Strathcona Resources CFO Connor Waterous, said last week on the company’s second…Read More