Crude-by-Rail may grow 4-fold. Are we all comfortable with that?
Ten years from now we could be seeing over four times more crude oil transported by rail throughout the US and Canada, some 4.5 million barrels per day. Are we comfortable with that?
Read the latest insights and analysis from the experts at Oil Change International.
Ten years from now we could be seeing over four times more crude oil transported by rail throughout the US and Canada, some 4.5 million barrels per day. Are we comfortable with that?
And on it goes. One accident after another. But this time a major disaster was averted by a whisker. On Monday a freight train, which was carrying fracked and highly flammable shale oil from North Dakota, derailed on a bridge over the Schuylkill river in South Philadelphia.
The string of oil by rail accidents in recent weeks has forced regulators in both Canada and the US to re-appraise the safety of oil by rail.
Another day and yet another crude oil train derails in North America, highlighting the growing risk of carrying crude by rail.
KXL’s supporters have been quick to promote the oil train tragedy in Quebec arguing that the disaster proves that transporting oil by pipeline is safer.