Archive for February, 2016

The New Oil-Storage Space: Railcars

The New Oil-Storage Space: Railcars

February 28, 2016 | The Wall Street Journal | The U.S. is so awash in crude oil that traders are experimenting with new places to store it: empty railcars. Thousands of railcars ordered up to transport oil are now sitting idle because current ultralow crude prices have made shipping by train unprofitable. Meanwhile, traditional storage tanks are […]

By February 29, 2016 0 Comments Read More →

FRA Launches Website for States and Municipalities to Request Bridge Inspection Reports

February 26, 2016 | FRA | WASHINGTON – The Federal Railroad Administration today launched a new tool on its website that allows states and municipalities to request inspection reports for rail bridges in their communities. The tool is being launched following the passage of the Fixing America’s Surface Transportation (FAST) Act and is one of […]

By February 26, 2016 0 Comments Read More →
Audit Faults FRA

Audit Faults FRA

February 26, 2016 | Star Tribune | WASHINGTON — Federal regulators are failing to refer serious safety violations involving freight rail shipments of crude oil and other hazardous cargo for criminal prosecution, and are going lightly on civil fines, according to a report released Friday by a government watchdog. The Federal Railroad Administration routinely applies […]

By February 26, 2016 0 Comments Read More →
Phillips 66 oil-by-rail hearing continues next month

Phillips 66 oil-by-rail hearing continues next month

February 26, 2016 | The Tribune |After a third all-day hearing with more than 100 speakers decrying or praising a plan by Phillips 66 Co. to upgrade its Nipomo refinery to receive crude oil by train, the San Luis Obispo County Planning Commission said Thursday that no decision will be made on the project until […]

By February 26, 2016 0 Comments Read More →
East Coast Deliveries From Bakken Region Peak in 2015

East Coast Deliveries From Bakken Region Peak in 2015

February 26, 2016 | EIA.GOV | Editor’s Note: Although reports continue to show a slow drop in the number of oil shipments by rail, it is interesting to note that since 2010, the greatest number of oil train shipments from the Bakken region to the east coast peaked in May of 2015 and although the […]

By February 26, 2016 0 Comments Read More →

Crude Oil Trains Down 17 Percent in 2015

February 26, 2016 | Finance & Commerce | The Association of American Railroads said Wednesday that 410,249 carloads of crude oil were carried across the United States last year, down from 493,126 carloads in 2014. But the number of crude oil carloads remains well above the 9,500 carloads railroads hauled in 2008 before the boom […]

By February 26, 2016 0 Comments Read More →
Rig Counts Drop But Production Continues

Rig Counts Drop But Production Continues

February 26, 2015 | Bloomberg News | [Editor’s note: Even though rig counts are drastically down, crude oil production is still over 9 million barrels per day. Oil continues to be shipped by rail.]| The crash in oil prices has taken its toll. The number of active oil-drilling rigs in the U.S. is plunging toward […]

By February 26, 2016 0 Comments Read More →
New Federal System Allows Local Officials To Request Rail Bridge Safety Information

New Federal System Allows Local Officials To Request Rail Bridge Safety Information

February 23, 2015 | WPR News | State and local government officials who want access to rail bridge inspection reports will soon be able to send digital requests to federal regulators. Concerns about trains carrying crude oil and other hazardous material over aging bridges have prompted Congress to grant local and state leaders access to […]

By February 24, 2016 0 Comments Read More →
Derailment could have been worse

Derailment could have been worse

February 19, 2015 | Watertown Daily Times | It’s been just over three months since 13 train cars carrying crude oil derailed in Watertown, striking a maintenance building and spilling about 500 gallons of oil in the southwestern part of the city where the Canadian Pacific mainline and the Union Pacific branch line intersect. [Read […]

By February 19, 2016 0 Comments Read More →

Crude- by-rail hits snag

February 18, 2015 | CNBC | CNBC’s Morgan Brennan reports transporting oil by railroad has hit a detour as crude prices collapse and volumes for the biggest railroads have dropped. [Watch the entire segment here.] [Listen to podcast here.]

By February 18, 2016 0 Comments Read More →