Broken Axle Caused North Dakota Oil Train Accident -NTSB
The National Transportation Board (NTSB) Tuesday determined that a broken axle set off a series of actions that resulted in an accident in which about 476,000 gallons of crude oil spilled and ignited near Casselton…
Should We Worry as Oil Stocks Hit 3 Billion Barrels?
Nearly 3 billion barrels of crude petroleum and refined products are being stored by oil firms in the advanced economies according to the International Energy Agency (IEA). Commentators…
No Retrofit Bonanza for Tank Car Makers
When U.S. regulators adopted new rules last May to make hauling crude by rail safer, shippers anticipated relatively moderate costs and adjustments while rail tank car makers geared up for a retrofitting bonanza.
Hundreds of Rail Tank Cars Now Idle
Amid the rolling mountains surrounding this quiet town in southwest New York state, tucked away on miles-long stretches of underused rail tracks, hundreds of idle oil tank cars attest to the extent of fallout from oil's rout.
Train Lobby Pushes to Weaken Safety Rule
Billionaire investor Warren Buffett is set to be a chief beneficiary of a bid by Senate Republicans to weaken new regulations to improve train safety in the $2.8 billion crude-by-rail industry…
Canadian Oil Trains Shift to Less-Volatile Cargoes
A growing share of Canadian oil-by-rail traffic is made up of tough-to-ignite undiluted heavy crude and raw bitumen, say industry executives, as companies scramble to cut expenditures…
Oil Train Speed Limits Panned by Critics
New U.S. and Canadian speed limits for oil trains will do little to temper the likelihood and severity of explosive accidents that have grown in frequency over the past two years, critics of new regulations said on Friday.
New Oil Train Speed Limits Still Unsafe
New U.S. and Canadian speed limits for oil trains will do little to temper the likelihood and severity of explosive accidents that have grown in frequency over the past two years, critics of new regulations said on Friday.
US Safety Watchdog's Oil Train Plan 'Infeasible' -Refiners
The leading voice for the refining sector on Thursday said it was not realistic for U.S. regulators to expect existing oil train tankers to be retired within five years, and sought…
Kemp: Million Barrels of Oil per day Riding U.S. Rails
More than 1 million barrels of crude oil move by train across the United States every day, according to data published for the first time by the government on Tuesday. The volume of…
US Railroads Must Answer for Oil Train Mishaps
The rail industry is chiefly responsible for preventing oil train accidents and U.S. regulators must do more to keep trains on the tracks, a leading voice for the energy industry said on Monday.
Leaky Valves on US Oil Railcars to be Replaced
The U.S. Federal Railroad Commission on Friday said about 6,000 tank railcars that carry crude oil and other hazardous materials have valves that can leak and must be replaced within 60 days.
Canada Unable to Agree with U.S. on Rail Car Brakes
Canada was unable to reach agreement with the United States on whether to require advanced braking systems in new oil tank cars, so the requirement was dropped from a draft of new Canadian tank-car standards…
Greenbrier Says Has Had No Oil Railcar Cancellations
One small customer has asked railcar manufacturer Greenbrier Companies about canceling an order for tank cars that carry crude as U.S. oil prices slid by more than half since last summer…
North Dakota Passes Crude Safety Rule
North Dakota's Industrial Commission on Tuesday ordered that all oil produced from the Bakken petroleum system must be passed through surface separation facilities to ensure it is safe prior to transport.
Canada Rail Safety Jobs Vacant due Budget Cuts
Budget cuts have left safety-related engineering positions vacant in the Canadian agency responsible for overseeing shipments of dangerous goods, government records show, fueling worries…
Rail Oil Tankers, Victim of US Safety Rules, Also Unwanted in Canada
Thousands of oil train tankers soon to be deemed obsolete in the United States are unlikely get a second life in Canada's oil sands industry, undercutting a U.S. government forecast…
Bakken Crude Quality is Typical
Bakken crude is no more dangerous than other light sweet crudes and poses no greater risk when transported by rail, according to a report prepared for the North Dakota Petroleum Council (NDPC)…
US Proposes New Rules for Crude Oil Rail Trasport
The U.S. Department of Transportation on Wednesday announced a comprehensive set of proposed rules for the safe rail transport of crude oil and certain other flammable materials, including ethanol.
Oil Trains Face Test in New US Safety Rules
North Dakota's Bakken oil patch has thrived thanks in large part to the once-niche business of hauling fuel on U.S. rail tracks. New safety rules may now test the oil train model. Within weeks…
