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> so that his trains would be the only option to move oil in that corridor. Not sure how true this is. There are other options, including the using the Canadi
by neximo4 11y ago
> so that his trains would be the only option to move oil in that corridor.
Not sure how true this is. There are other options, including the using the Canadian Pacific Railway, which also operates in that corridor.
- hackaflocka 11y agoWe can never be "sure" of these things, but here's an article that provides some background to my claim: http://www.fool.com/investing/general/2015/03/08/obama-did-warren-buffett-railroad-stocks-huge-favo.aspx http://www.fool.com/investing/general/2015/03/08/obama-did-w...
- neximo4 11y agoHere is another fool.com article suggesting other Canadian railroads that can also transport the oil (and are doing so). Including your own article, there is hardly a hint of monopoly. http://www.fool.ca/2015/09/04/will-a-keystone-rejection-benefit-canadian-national-railway-company-and-canadian-pacific-railway-limited/ http://www.fool.ca/2015/09/04/will-a-keystone-rejection-bene...