A major challenge facing oil companies in the Uinta Basin is how to transport the crude to market. Alignments have been winnowed and the mode appears to be selected - rail. Total cost: $2 billion to extract $30 billion worth of oil and gas reserves.
Jun 18, 2014 The Salt Lake Tribune
While regulated on the federal level, there is still much that can be done on a state level, including adding per-barrel fees to pay for cleanup plans. Plus, a new regulation took effect requiring railroads to notify states about Bakken crude trains.
Jun 10, 2014 Los Angeles Times
Keystone XL pipeline builder TransCanada is in the business of transporting oil to its customers, preferably by pipelines, but it's CEO has stated for the first time it will turn to "more costly and and controversial rail" to fill the pipeline gap.
May 26, 2014 Reuters
Notwithstanding an emergency order DOT issued on May 7 that railroads must provide cities oil train information, secrecy continues to cloak the transport of hazardous oil shipments leaving first responders ill-prepared to handle fiery explosions.
May 24, 2014 The Wall Street Journal
In what is being billed as the first emergency order of more to come, the Department of Transportation (DOT), the federal regulator of transporting crude oil by rail, hopes to quell the growing national furor over what some call 'ticking time bombs'.
May 9, 2014 The Tribune
The derailment of the CSX oil unit train in downtown Lynchburg, Va. on April 30 and subsequent fire and oil spill into the James River caught Lynchburg, Va. officials off-guard, who were unaware of the oil shipments, let alone how to handle crashes.
May 3, 2014 The Wall Street Journal - U.S.
Fortunately, there were no injuries in the restored, downtown waterfront district in this city of 71,000. Fifteen cars derailed; three exploded into a six-story-high fireball. Oil spilled into the James River, threatening downstream water supplies.
May 2, 2014 Los Angeles Times
Transport Canada jumped past U.S. DOT on April 23 by taking decisive action on "exploding" oil tank cars that are traveling throughout North America due largely to an insufficient oil pipeline network. Within three years, the older cars must go.
Apr 25, 2014 The Olympian
A California legislator warns that if the Keystone XL pipeline is rejected, expect tar sands to be transported by rail to Calif. refineries and ports. Increasing oil production would reduce oil imports, but a fracking moratorium bill has advanced.
Apr 22, 2014 Engineering News Record
Sure, it costs more than moving by pipeline—double or triple the price per barrel. But look at the speed: five days versus 40. A new rail terminal in Beaumont, Texas sheds light on the economics that make CBR attractive to shippers and refineries.
Apr 19, 2014 The New York Times - U.S. - The Texas Tribune