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From: Kayaker	4/11/2009 12:30:49 PM
	8 Recommendations Read Replies (2) of 206104

CN idea a winner for oil sands Diane Francis, Financial Post Published: Saturday, April 11, 2009 The energy and geopolitical ramifications of Canadian National Railway's "Pipeline on Rails" initiative is a game-changer for Canada. As I revealed in Thursday's Financial Post, the railway has developed a transformative strategy to move oil sands production more quickly and cheaply to markets in North America or Asia.... financialpost.com ------------------------------ Game-changer: Canadian oil sands will bypass US for Asia Diane Francis Posted April 9, 2009 A project by Canadian National Railway called the "Pipeline on Rails" is an energy and political game-changer for Canada and the financially struggling United States. I first broke this story today in my blog in the Financial Post that the railway company can move millions of barrels of oil sands production daily from Alberta and Saskatchewan to ports on Canada's west coast for shipment to asian markets by rail and ship.... ....Get out from under the US In essence, this railway strategy will decouple Canada's dependence on the U.S. for energy purchases and eliminates five key barriers to the development of Canada's vast oil sands: 1. America's financial crisis which means multi-billion dollar pipelines will be impossible to finance for years; 2. protectionism by oil and ethanol interests; 3. endless American red tape; 4. the politics of obstruction south of the border from environmentalists even though oil sands is dramatically cleaner than the use of American coal. 5. and the danger of selling oil to monopoly buyers in the U.S. some of whom have, in the past, ripped up contracts when times were tough.... huffingtonpost.com

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