Province scales back crude-by-rail plan, will lease 4,400 cars

The Alberta government will lease 4,400 rail cars to move oil out of the province, resulting in 120,000 barrels per day by mid-2020, Premier Rachel Notley announced Tuesday afternoon as part of the crude-by-rail strategy.
Instead of purchasing trains, the government will buy rail service from Canadian Pacific Railway and Canadian National Railway to ship crude oil to market with pending destinations including International markets and the U.S. Gulf Coast.
Initial estimates in Nov. 2018 called fo