“Made In Alberta” will take oil along the “Short Line” to the international market.
Alberta Premier Rachel Notley announced a bold “Crude-by-Rail” strategy to use 4,400 rail cars to move nearly 120,000 barrels of oil per day by the year 2020.
Notley believes Alberta’s resources will “get more value” and lead to more jobs as early as July 2019.
“Each and every Albertan owns our energy resources and deserves to get top dollar for them. When challenges are placed in front of us, we overcome them. I’m going to keep working every day to fight for a better future for every person who calls Alberta home.”
Notley also said now that the NDP government’s oil curtailment addressed the oil crisis, Crude-By-Rail should fill the gap in getting oil to market while they fight to start pipeline construction.
As a result, purchasing oil from small-scale producers should benefit them if they don’t have the means to transport oil.
Also, buying oil from large-scale producers would keep them competitive worldwide.
Facts and Figures
- The investment will cost $3.7 billion and should result in $5.9 billion in revenue for Alberta in the next three years.
- Crude-by-rail will use up-to-date rail cars that meet all of Transport Canada’s current safety standards.