Tag: rail

Crude oil rides Texas’ rails with little tracking

For generations of producers drillers in Texas, where a vast pipeline system has grown with the fits and starts of the oil industry’s notorious business cycle, railroads provided little more than a relatively expensive last resort. But in the boom associated with the hydraulic fracturing, producers increasingly enlist trains to handle the glut.  More »

Insurance industry changes with energy industry

Newer areas for insurance companies to cover include shale gas, wind turbines and transporting oil by railroads, a speaker said at the Independent Insurance Agents of Houston Energy Symposium.  More »

North Dakota crude no more dangerous than similar fuels, report finds

HOUSTON — An industry-funded study released Monday concluded that the oil from the Bakken region doesn’t pose a greater risk to transport than other similar, types of crude. The study is the most scientific analysis of the region’s crude so far, the North Dakota Petroleum Council said. The group hopes the report allays fears that […]  More »

Feds unveil proposed new safety rules for crude-carrying trains

Tank cars that carry crude oil across the United States would have to meet stringent new standards to improve safety and make them more resilient in an accident under proposed new rules unveiled by the U.S. Department of Transportation on Wednesday.  More »

Regulator: New oil train rules could have wide reach

Transportation Secretary Anthony Foxx suggested Monday that coming mandates to boost the safety of hauling oil by train will go beyond requiring changes to the tank cars.  More »

Logistics exec says rail trumps pipelines

Because trains offer flexibility that fixed pipelines can’t match, the trend of moving oil by rail is here to stay, an energy executive told industry leaders and analysts Monday.  More »

Influence game: Shaping railroad safety rules

Billions of dollars are riding on how oil train safety rules are written, and lobbyists from the railroads, tank car manufacturers and the oil, ethanol and chemical industries have met 13 times since March with officials at the White House and the Pipeline and Hazardous Materials Safety Administration.  More »

Quebec town still recovering from train disaster

A year has passed since a runaway oil train slid quietly down a hill in the middle of the night and derailed in a series of explosions that obliterated a large swath of downtown Lac-Megantic, killing 47 people.  More »

Trains keep rolling from Permian Basin

Trains will roll all month out of the Permian Basin, the largest onshore U.S. oil field, as production outpaces pipeline capacity and a refinery outage saps demand.  More »

North Dakota discloses oil train shipment details

Transportation Secretary Anthony Foxx said a pattern of fiery accidents involving trains carrying crude from the Bakken region of North Dakota and Montana had created an “imminent hazard” to public safety.  More »

From A to B: The Future of Rail

As bureaucratic red tape ensnares pipeline projects, shippers are turning to railroads as an alternative mode of transportation. Sustained by the unexpected increase in shipping crude oil by rail, some companies are beginning to consider transporting natural gas as remote drilling locations emerge far from existing infrastructure. The booming natural gas industry is in desperate […]  More »

California warns of oil-by-rail while keeping data secret

California’s government agencies aren’t ready to handle the safety risks accompanying a boom in oil shipments by train, the state said in a report this week.  More »
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