October 4, 2015

N.D. oil boom seen adding costs for rail safety

Crude oil shipped by railroad from North Dakota is drawing fresh scrutiny from regulators concerned that the cargo is adding environmental and safety hazards, something that analysts say could raise costs. The U.S. Federal Railroad Administration is investigating whether chemicals used in hydraulic fracturing are corroding rail tank cars and increasing risks. Separately, three pipeline [...]

Industry fights safety retrofit of older rail cars

The oil industry and U.S railroads are resisting the Obama administration’s attempt to boost safety standards for the type of rail car involved in a fiery, fatal explosion in Canada, citing costs and technical challenges. Industry groups say it is impractical to retrofit tens of thousands of existing tank cars used to haul oil, even [...]

N.D. sees record oil shipments by rail


BISMARCK, N.D. — The percentage of North Dakota oil shipped by pipelines has dramatically slipped in the past year as producers have turned to trains to reach faraway U.S. refineries where premium prices are fetched based on foreign crude prices. But state and industry officials believe the pendulum may be swinging back in favor of [...]

Oil, natural gas drilling benefits rail workers

railyard; train yard; yard

A lot is being written about reducing America’s dependence on foreign energy; and increased domestic exploration of crude oil and natural gas is paying meaningful dividends to railroads – and, by extension, to their workers, whose jobs, wages and benefits are being made more secure. In North Dakota, where the Bakken Shale reserve is being drilled, [...]