Crude Oil Transport

High Gas Prices Prompt Bush's Decision To Lift Ban On Offshore Oil Drilling

The Obama administration late last week put out a final safety rule on moving flammable liquids by rail, a subject of concern with the growth in crude by rail. Critiques were plentiful on the high-stakes issue. From the green side, Sen. Maria Cantwell (D-Washington) blasted the new regs, done in concert with Canada, as “more of a status… Keep reading →

High Gas Prices Prompt Bush's Decision To Lift Ban On Offshore Oil Drilling

Crude oil transportation in the US ballooned to 1 million barrels per day in recent years as production swelled beyond existing pipeline infrastructure capacity. A series of explosive accidents involving crude oil train cars has sparked regulators to strengthen rules and safety measures governing these pipelines on wheels. “Tens of thousands of these older tank… Keep reading →

Price Of Oil Falls Declines During Trading, Gas Prices Creep Upwards

This piece does a good job laying out the pros and cons of the most common crude oil transportation methods – rail, pipeline, truck and boat. “So it depends upon what your definition is for worse. Is it death and destruction? Is it amount of oil released? Is it land area or water volume contaminated? Is… Keep reading →

Oil Boom Shifts The Landscape Of Rural North Dakota

Various authorities have been playing regulatory catchup in the wake of unanticipated oil transport by rail increases and several associated accidents. Today’s big news is a US Transportation Department announcement that crude oil moving by rail will be subject to extensive testing for characteristics like vapor pressure and other properties that impact flammability. The testing… Keep reading →