Major US railroad merger could bring more tar sands to Southeast Texas
Two major North American railways, Canadian Pacific and Kansas City Southern, have proposed a $27bn (£22bn) merger that would make it easier to move freight across North America with the first unified continental rail network. The merger is awaiting final approval from US regulators. In Houston, that would mean an additional eight trains passing through each day.
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Amal Ahmed, Texas investigative reporter. Based in Dallas; from Dallas. Attended Northwestern — Medill. Previously at Texas Observer.
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While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.