Rail Forecast: 250 Million BOED by 2013 Exist This is the forecast oil volume to be shipped by Rail - to put the significance of this into perspective, the Rail companies will have built the equivalent to 30% of Keystone by this year end. Even if Obama approves Keystone tomorrow, it won't be in service until late 2015. By then the Railways will have built 50-75% of Keystone.
And although the transportation cost is higher, you can get to higher value markets. Best part, no Obama approval required.
Eastern reversal to take til 2017 - heck, the trains will be moving it much quicker - just watch for this to happen as well.
BC - who knows.