More crude oil was spilled in US rail incidents last year than during the previous 37 years, according to a new government analysis. Oil by rail transport has become more popular as pipeline capacity has fallen behind increases in oil production during the North American shale boom.
Train derailment in Canada forces about 150 people from their homes, as oil and propane continued to burn. The train derailment is the latest in a series of accidents that have raised questions about the safety of transporting oil by rail.
The debate over shipping oil via pipelines versus rail hinges on access, price and reliability, Graeber writes. For now, it seems trains are winning the race, but what happens long-term with more pipeline access remains to be seen.
The oil boom in North Dakota and Western Canada is overwhelming pipeline capacity, Graeber writes. Shipping more oil by rail could help ease the glut.
The Keystone XL pipeline could fall by the wayside given the increased interest in the transportation of crude oil via rail, Graeber writes. With more crude travelling on trains, will rail overtake Keystone XL and other pipelines as the preferred method of oil transport?
A freight train that derailed and exploded Friday in Illinois was carrying ethanol. Though rail transport of ethanol has increased dramatically, accidents involving hazardous materials are down.
The railroad regulation is one of the latest ‘midnight rule changes’ by the outgoing administration.