Motley Fool Canada One fact that typically gets lost on most is that the majority of oil reserves around the world are restricted from private sector involvement unles...
De Smog Blog (blog) The tragic oil train explosion earlier this month in Lac-Megantic, Quebec has focused a spotlight on the growing role of rail in the transportation of North American crude. But even after that tragedy, the extent of rail's expansion in transporting oil ...
Reuters 2 railroad, said the pace of growth in long-haul crude oil volumes has slowed in the last few months as spreads tightened due to rising Canadian prices. The railway said on a conference call on Wednesday that it expected long-haul crude volumes to pick ...
Motley Fool The surge in U.S. oil production since 2008 has created tremendous opportunities for the midstream companies involved in oil storage and transportation. ...
NBCNews.com (blog) "I think the Keystone pipeline proponents will cite this as a reason why pipelines are safer than rail . There's no doubt in my mind that they will p...
Forbes EOG spent $100 million building a rail spur and loading terminal. BNSF (a division of Berkshire Hathaway Berkshire Hathaway) now hauls 70,000 bpd for EOG, delivering the oil to refineries north of New Orleans where it fetches a premium over what it ...
The News Journal Delawareans have good reason to be concerned when reading about the news of the train explosion in Quebec. The tanker cars were hauling the same Bakken oil as the trains coming into PBF Energy's Delaware City Refinery. Currently 110 cars move ...
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Alaskajournal.com The rail tankers involved in the Quebec derailment are known as DOT-111 and have a history of puncturing during accidents, the lead Transportation Safety Board investigator told The Associated Press in a telephone interview late July 8. The DOT-111 is ...
The Province In the tragedy in Lac-Mégantic, it has been reported that the operator left the engine running to maintain the air brakes and then left, leaving a train composed of 72 tank cars full of crude oil at the top of a steep grade, unattended and unsecured ... and more »