Not exact matches
Since 2011, the
rail industry has voluntarily adopted tougher safety standards for all new cars, but with literally only a handful of tank car - makers in North America and a huge
boom in oil - by -
rail shipments, demand far outstrips supply.
Because of a hydraulic fracturing
boom, crude oil
shipments by
rail spiked from 9,500 carloads in 2009 to nearly 400,000 carloads in 2013, AAR data show.
Crude oil is the fastest growing category of hazardous
shipments on North American
rails because of limited pipeline capacity for
booming Bakken production.
The rising pressure for
rail shipments was explored in depth earlier this year in «Busting Bottlenecks in the Bakken,» an article in Fed Gazette, a publication of the Minnesota Federal Reserve (yes, weird, but it's a thorough, interesting piece) and in this Christian Science Monitor story: «Pipelines can't keep up with North American oil
boom.»
I'll be writing more on the dangerous
boom in
rail shipments of oil in coming months, but my friend Jon Bowermaster has made all the important points already in a compelling documentary.