Petroleum News.  The Bakken formation could fuel short-term plans to ship crude from the Port of Churchill on Canada’s Hudson Bay, said the Canadian president of Denver-based OmniTrax, one of North America’s largest private railroad and transportation management companies.  Brad Chase told a recent Insight Canadian Oil Sands summit that the seaport, used for decades to export grain during summer months, is part of his company’s long-term goal of shipping crude, starting with light, sweet crude, primarily from the Bakken.  “We see five to eight years, as our prediction, of [...]

Calgary Herald by By James Wood, Chris Varcoe And Dan Healing.  Proponents of the Keystone XL pipeline were upbeat Friday after a U.S. State Department report found the project would have little impact on the growth of Alberta's oilsands - and their associated greenhouse gas emissions - whether or not it was approved.