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Expert Insight

Will Crude by Rail Rules Work?


Date: February 20, 2015 at 8:00 AM

The rapid increase in U.S. oil production has had a number of impacts. One of these is that shipping of crude oil by rail has increased more than 400% since 2005, due to pipeline limitations and the sheer pace of development. On Monday, a train carrying 109 oil cars derailed in West Virginia and 20 of the oil cars exploded. Other recent, high profile accidents have rekindled the discussion about the safety of transporting oil-by-rail that began after a derailment in Quebec in July, 2013 killed 47 people. In July 2014, the Department of Transportation issued a new rule proposal… [more]

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