You have to wonder if the Keystone XL pipeline cancellation didn't play
into this proposed merger. The pipeline's chief purpose was to move
Canadian shale oil to Texas refineries. By combining with KCS, CP will
have a straight shot to move Canadian shale oil to Texas by rail with no
pipeline competition. That is until the first derailment fire and the
environmental zealots start fussing about how dangerous transporting oil
by rail is.
Ken
On 3/22/2021 8:47 AM, Thomas Gilsdorf (Redacted sender tlg225ccr94 for
DMARC) wrote:
Waited for Trump to leave office. Kill the KS Pipeline and this is what you get. Revenue to Canada, not the US. UP should have snatched them up.
Tom G.
-----Original Message-----
From: NANCY JERRY P CARR <dmarc-noreply@xxxxxxxxxxxxx>
To: rc3r <rc3r@xxxxxxxxxxxxx>
Sent: Mon, Mar 22, 2021 5:16 am
Subject: [rc3r] Railroad Acquisition Promises to Link North America - The Wall Street Journal.
I thought you would be interested in the following story from The Wall Street Journal.
Railroad Acquisition Promises to Link North America
<https://www.wsj.com/articles/railroads-strike-a-25-billion-merger-11616330332?st=bfccx6udqgmilv5&reflink=article_email_share>
Download the Wall Street Journal app here: WSJ. <https://itunes.apple.com/us/app/the-wall-street-journal./id364387007>
Sent from my iPad
