Oil trains, born of U.S. energy boom, face test in new safety rules
(Source: Reuters, July 18, 2014)
WASHINGTON, D.C. ó 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, the Obama Administration is due to unveil a suite of reforms that will rewrite standards conceived long before the rise of the shale oil renaissance, at a time when crude rarely moved by rail and few Americans had ever seen the mile-long oil trains that now crisscross the nation.
Full story: Yahoo News
Monday, July 21, 2014
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