The rejection of the Keystone XL pipeline will put more oil on North American rails, but new pipelines will in time come to take up the slack, a report finds. In its record of decision on the Keystone XL pipeline, the U.S. State Department, charged with vetting the project, said there were questions about the necessity for additional North American pipeline capacity given uncertainties about the future growth of Canadian oil sands production. Analysis from industry group Genscape said crude oil production from Alberta, home to most of the Canadian oil fields, could increase 14 percent from this year’s level by the end of 2016. Genscape said the Nov. 6 decision […]