Quote:
Originally Posted by calgarygeologist
I haven't really followed things closely recently because I've essentially realized that I won't be returning to the O&G industry in Alberta again. I've given up hope and I don't see any situation in the next ten years where the industry will recover and boom again.
That being said, can anyone actually shed any light on this rail car issue that Notley has been proposing? I don't know much about it but it seems like a stupid idea to me. Is the Government actually planning on buying rail cars? Will they lease them to CP? How many investment dollars is this expected to cost and are there better alternatives for that money? Maybe most importantly, isn't rail traffic pretty much at a maximum now? Won't the logistics of getting those tankers cars to actually move across the country be extremely difficult to work out?
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I had heard a figure of $375 million for the initial costs and then about 3 billion bucks over three years.
But I could be wrong.
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My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
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