Crude-by-rail forecast shows steady growth in Bakken, western Canada (4/24/2014)
4/24/2021PLG Consulting recently introduced a detailed forecasting service for North American crude-by-rail volume through 2018.
Based on 11 key interrelated variables, the firm has created a base forecast that includes high and low case scenarios to assess upcoming changes in the American and Canadian unconventional oil supply chain.
For example, PLG anticipates a 12 percent to 15 percent compound annual growth rate in Bakken crude-by-rail volume, and a 40 percent to 50 percent compound annual growth rate in western Canadian crude-by-rail volume through 2017.
Source: Progressive Railroading Daily News