for crude by rail
Upstream investment in new projects in Canada’s oil sands has declined by two-thirds since the oil market downturn in 2014, and there is no guarantee spending will rebound.
Rather than focus on midstream infrastructure, environmentalists should focus their energy on reducing oil demand if they want to reduce consumption.
Despite the decline of volumes on the tracks and controversies surrounding safety, crude shipped via rail is here to stay, given there isn’t currently pipeline capacity to move supplies from the prolific Bakken plays to the coasts.
A rail technology startup seeks to make oil train derailments a thing of the past.
On October 1, DOT will implement stricter safety standards for crude by rail, but two suburban Chicago communities have challenged the rules, citing glaring loopholes in the soon-to-be-implemented regulation.
The Keystone XL project has become an over-hyped political symbol increasingly detached from reality, but the pipeline does symbolize the struggles that Canadian oil sands producers have had in getting their product to market.
A BNSF train derailment and oil spill in northeastern Montana last week brought to light once again the inherent risks in transporting crude throughout the country.