By January 30, 2014 0 Comments Read More →

CHART: Crude Oil Rail Shipments Up 8,358% Since 2006

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January 30, 2014 | TPM | Shipments of crude oil by rail have exploded by more than 8,300 percent since 2006, effectively creating a new industry where one previously didn’t exist while regulators scramble to figure out what they should do about it.

What’s happening? As the chart indicates, the United States is producing increasing quantities of crude oil — and the current pipeline infrastructure can’t support it, leaving rail as the easiest alternative.

[Read the entire article here.]

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