Since the July 2013 derailment and explosion of an oil train in Lac-Mégantic, Quebec* killed 47, Canada has contributed C$155 million toward the rebuilding effort because the railroad's insurance was insufficient.
5 days ago The Wall Street Journal - Business
The House voted for the tenth time to approve the pipeline, and a split decision by the Nebraska Supreme Court removes a key objection of President Barack Obama to ruling on Keystone XL. The Senate begins debate Monday.
Jan 11, 2015 NPR: The Two-Way
Recently we noted that Chevron had dropped their Arctic lease due to falling oil prices. With falling gasoline prices, Americans may no longer see the Keystone XL pipeline as urgent. In addition, President Obama appears likely to oppose the project.
Dec 26, 2014 The Wall Street Journal
After successfully stalling the Keystone XL pipeline that would transport tar sands crude from Alberta to Gulf area refineries, environmental activists are targeting other proposed pipelines, although the result may be more crude-by-rail shipments.
Dec 15, 2014 The Wall Street Journal
Bakken crude is considered more volatile than other types of oil, which presents a safety problem when moved by rail. New regulations approved Tuesday require oil producers to separate flammable and volatile liquids prior to shipment by rail.
Dec 11, 2014 The New York Times - Energy & Environment
It's not a foregone conclusion that President Obama would veto a bill expected in the Senate next week to allow the construction of the Keystone XL pipeline. But if it were to pass and Obama signs it, would it be built? CNBC investigates.
Nov 15, 2014 CNBC
Safety would win hands down for passenger rail, but for-profit railroads have a bottom line to consider. Regulators have proposed reduced train speeds, opposed by railroads, to prevent fiery derailments that have resulted from shipping shale oil.
Oct 18, 2014 The Gazette
The surge in oil production has not benefited California, but that's about to change. Shale oil from North Dakota and other states costs $15 less than imported oil. After transportation costs, California refineries would save $3 per barrel.
Oct 10, 2014 The Wall Street Journal
A deal may be near between energy and rail industries and the Department of Transportation to phase out the DOT-111 tank car—the same kind implicated in the horrific explosions of oil trains, particularly those carry Bakken crude from North Dakota.
Jul 23, 2014 Bloomberg BusinessWeek
Iowa Governor Terry Branstad supports the Keystone XL Pipeline, as do most Republican leaders. Then again, it doesn't go through his state. Not so for the newly proposed Bakken Pipeline that cuts across the heart of Iowa. No word on his position yet.
Jul 16, 2014 The Des Moines Register