Palliser Oil & Gas Corp. PSLRF

RE: RE: six analysts

[amp7]

I agree that there is significant risk to the downside given the current US economic outlook and pipeline constraints. Canada needs to access Asian markets. Could CN and Altex’s PipelineOnRail provide an interim solution to the problem with pipeline capacity?

“Altex has negotiated long-term rail rates with CN and is offering transportation services to the bitumen producers at rates less than the cost of their pipeline transportation alternatives. “
https://www.altex-energy.com/our_model.html

Diverting some of the bitumen away from the pipeline would make room for light crude. Perhaps rail could be used to access the west coast and Asian markets as well.