Jeff Rubins, a Canadian economist with a track record of predictions come to pass, warns that fast increasing rail shipments of crude oil are a ticking time bomb for the North American cities en-route such as Chicago and Toronto.
Jan 6, 2014 Maclean's Magazine
Petroleum coke or petcoke, similar to coal, is a nasty though salable byproduct of the oil refining process. Produced from refining tar sands crude in Indiana refineries, it is stored in huge piles in Chicago, blowing dust in the Southeast Side.
Dec 28, 2013 NPR Morning Edition
With many oil pipelines stalled due to popular opposition and/or regulatory hurdles (e.g. Keystone XL and Northern Gateway, or even refineries opting for more flexibility) there seemed to be no end to the growth in moving oil by rail...until now.
Dec 12, 2013 The Wall Street Journal - Business
Reuters reports that at 1 a.m. on Oct. 19, 13 cars of a CN train hauling oil and LPG derailed in Alberta. One car exploded and three others caught fire. Fortunately, there were no injuries, unlike July's fatal conflagration in Lac-Mégantic, Quebec.
Oct 21, 2013 Reuters
John Upton notes some startling changes among Gulf oil refineries - the ones that had been clamoring for the Keystone XL pipeline to be built in order to access Canada's oil sands. It's been two years - and the oil is flowing - with or without it.
Sep 7, 2013 Grist
So much for the economic laws of supply and demand or "drilling our way" to cheap gas prices. It's not that simple when it comes to oil. Dan Strumpf explains what's behind the latest surge in oil prices. Oil markets and infrastructure play key roles.
Jul 22, 2013 The Wall Street Journal
In a scene reminiscent of the Denzel Washington movie "Unstoppable", but without the heroic ending, an unmanned, 72-car oil train traveled 7 miles to Lac-Mégantic, pop. 6,000, where it derailed, setting off a fireball downtown. 5 fatalities so far.
Jul 8, 2013 The New York Times
Kinder Morgan's proposed $2 billion 'Freedom Pipeline' to transport West Texas oil to California refineries has been rejected - not by a governmental entity as occurred with the Northern Gateway, but by oil refineries opting to ship by rail instead.
Jun 7, 2013 The Wall Street Journal
The rejection may ultimately doom the $6 billion pipeline to transport Alberta's oil sands crude west through British Columbia for export. Final word is reserved for Prime Minister Stephen Harper, but many say an overturn would be highly unusual.
Jun 3, 2013 CBC News
The NewsHour's Judy Woodruff asks pointed questions to Anthony Swift, of the Natural Resources Defense Council, and Andy Black, president of the Association of Oil Pipe Lines, about the latest spill involving oil sands crude. The two agree on little.
Apr 6, 2013 PBS NewsHour