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Expert Insight

How Should We Be Moving Oil?


Date: June 30, 2014 at 5:37 PM

As the oil boom outgrows the US pipeline network, the oil industry is increasingly using alternatives such as rail to transport crude oil across the country. Between 2008 and 2013, annual crude oil transported by rail in the U.S. grew from 9,500 to 407,761 carloads (about 275 million barrels), according to the Association of American Railroads (AAR). During the same period, a debate about the safety of oil-by-rail has arisen in response to a few high profile accidents and spills, including the Lac-M├ęgantic derailment in Quebec on July 6th, 2013 that killed 47 people and destroyed half the town. At… [more]

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