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U.S. East Coast Refiners Cash in by the Trainload on Canadian Oil

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Rail transportation tanker car

With the safest and most efficient pipelines across the country reaching capacity, more oil is being shipped by trains to refineries.

U.S. East Coast oil refiners are ramping up rail deliveries of crude from Western Canada, grabbing stranded barrels that full pipelines have driven to a record discount.

Read more – Reuters