Canada’s Alberta to Buy Rail Cars; Expects Deal Within Weeks

Canada’s Alberta to Buy Rail Cars; Expects Deal Within Weeks
An oil pump jack pumps oil in a field near Calgary, Alberta, Canada. Todd Korol/File Photo/Reuters
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OTTAWA—Canada’s province of Alberta is in talks to buy rail cars to transport 120,000 barrels per day of crude oil and expects a deal to conclude within weeks, Premier Rachel Notley said on Nov. 28, as the energy-rich province takes actions to move oil stuck in the region because of a lack of pipeline capacity.

Notley, who says the cars are needed to help deal with stranded oil that has slashed the price of Alberta oil, told a business audience she was disappointed that the federal government was not helping fund the purchase.