Recent News

19 N.Y. communities get foamers to fight crude oil rail fires

January 4, 2015 | Ohio.com|ALBANY, N.Y. (AP) — The federal government is giving 19 New York communities located along major rail lines an extra dose of security. Emergency response trailers equipped with a foam substance that firefighters and hazardous materials teams can use to suppress fires caused by oil or other flammable liquids are being […]

By January 5, 2016 0 Comments Read More →

First responders, fire departments in U.S. often unprepared for hazardous train derailments

December 28, 2015 | PJ Star | Ohio officials say they have no specific plans to handle derailments of trains carrying Bakken crude oil. First responders in small, remote towns sometimes aren’t equipped to handle toxic spills and explosions. And big city fire departments aren’t always trained to handle the most dangerous chemicals. [Read the […]

By December 28, 2015 0 Comments Read More →
Difficulty Complying with North Dakota’s Liberal 13.7 Vapor Pressure Standard

Difficulty Complying with North Dakota’s Liberal 13.7 Vapor Pressure Standard

December 28, 2015 | Inforum| BISMARCK – An alternative method for reducing the volatility of Bakken crude will be tested next year as state regulators report a “significant increase” in noncompliance with oil conditioning this winter.  The North Dakota Industrial Commission gave approval this month for Hellervik Oilfield Technologies of Bismarck to test a prototype […]

By December 28, 2015 0 Comments Read More →
Train drags derailed car through town, tearing up crossings

Train drags derailed car through town, tearing up crossings

December 28, 2015 | KCCI | OGDEN, Iowa —Railroad track crossings are blocked Monday after a train car derailment in the town of Ogden. Union Pacific officials report a train car derailed about 11:30 a.m. and was drug through the town, ripping up the crossings. At least four crossings in the town were damaged. The […]

By December 28, 2015 0 Comments Read More →
Train derails in flood waters in Neosho

Train derails in flood waters in Neosho

December 28, 2015 | KY3| Floodwaters swept a train off its tracks in Neosho, resulting in the closure of a major railroad route into Springfield. BNSF Railway confirms Shoal Creek in Neosho swept the train right off the tracks Sunday. Thirty rail containers were washed into the water. At least one landed in a nearby […]

By December 28, 2015 0 Comments Read More →
OPEC revises U.S. shale durability upward

OPEC revises U.S. shale durability upward

December 28, 2015 | UPI | VIENNA, Dec. 23 (UPI) — Oil production from inland shale basins in the United States is expected to be more robust than previously thought, OPEC said in its global outlook. The Organization of Petroleum Exporting Countries released its much-watched World Oil Outlook report for 2015, outlining its expectations for […]

By December 28, 2015 0 Comments Read More →
Feds investigate train derailment in Brevard

Feds investigate train derailment in Brevard

December 21, 2015 | Click Orlando| VIERA, Fla. – Authorities, including federal transportation investigators, were working to determine what caused a freight train hauling non-hazardous cargo to derail Sunday morning, sending a locomotive engine and four rail cars off the tracks. Neither the train conductor nor the engineer, who were aboard the 57-car train at […]

By December 21, 2015 0 Comments Read More →
Cleanup following 1982 train derailment in Livingston near an end

Cleanup following 1982 train derailment in Livingston near an end

December 16, 2015 | The Advocate |LIVINGSTON — The wreckage splintered the pines like matchsticks and sowed the field with flames. But even after the last fire had been snuffed out, a more insidious threat had leached into the earth beneath Livingston. At 5:12 a.m. Sept. 28, 1982, an Illinois Central Gulf freight train staffed […]

By December 17, 2015 0 Comments Read More →
SEC investigating unusual 2012 stock trading at oil train company

SEC investigating unusual 2012 stock trading at oil train company

December 16, 2015 | Star Tribune | Federal authorities have been investigating a price spike in the stock in a Minnesota-based oil train loading company after it went public in 2012, resulting in an windfall for investors who held promissory notes with an unusual payout feature. [Read the entire article here.]  

By December 17, 2015 0 Comments Read More →

The Irony of Ending the U.S. Oil Export Ban Is Imports May Rise

December 17, 2015 | Bloomberg News| The lifting of the U.S. ban on oil exports might actually make imports more appealing. By allowing American oil to compete globally, the price for U.S. benchmark West Texas Intermediate crude is inching closer to the international marker Brent, which has traded at a premium for most of the […]

By December 17, 2015 0 Comments Read More →