According to recent rail industry reports, US freight railroads are estimated to have carried 434,000 carloads of crude oil in the past year. Though oil-by-rail has proven its benefits relating to the efficient transport of oil from upstream to downstream, it has raised significant concerns regarding transportation safety and its environmental impacts. Due to recent… Keep reading →
Rail Transport
Insurers and Regulators Respond to Oil-by-Rail Safety Issues; Potential Cost Implications
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We will never sell or share your information without your consent. See our privacy policy.The revolution in North American energy development has been made possible by technological breakthroughs in decades-old methods of energy development, which has set this nation on the path to energy security, a concept unthinkable just a few years ago. The energy policies we choose today will determine if our nation will continue its march toward… Keep reading →
With pipeline infrastructure lagging the rapid increase in US crude oil production, railroads have been the preferred option for moving product to market, but a number of high-profile accidents involving crude oil tank cars are raising concerns. [New York Times] The recent UN Investor Summit on Climate Risk highlights the growth in sustainable investing and… Keep reading →