U.S. DOT brokered a deal with energy and rail industries whereby both would take immediate steps to prevent the recent explosions involving the more volatile Bakken crude. While voluntary, actual regulations will take more than a year to approve.
Jan 20, 2014 The Wall Street Journal
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
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