BILLINGS, Mont. (AP) - Energy companies behind the oil boom on the Northern Plains are increasingly turning to an industrial-age workhorse - the locomotive - to move their crude to refineries across the U.S., as plans for new pipelines stall and existing lines can't keep up with demand.
Delivering oil thousands of miles by rail from the heartland to refineries on the East, West and Gulf coasts costs more, but it can mean increased profits - up to $10 or more a barrel - because of higher oil prices on the coasts. That works out to about $700,000 per train.
The parade of mile-long trains carrying hazardous material out of North Dakota and Montana and across the country has experts and federal regulators concerned. Rail transport is less safe than pipelines, they say, and the proliferation of oil trains raises the risk of a major derailment and spill.
The environmental fears carry an ironic twist: Oil trains are gaining popularity in part because of a shortage of pipeline capacity - a problem that has been worsened by environmental opposition to such projects as TransCanada's stalled Keystone XL pipeline. That project would carry Bakken and Canadian crude to the Gulf of Mexico.
http://www.abc-7.com/story/20441307/trains-carrying-more-oil-across-us-amid-boom
***
Comment: There is no free lunch. Every action has a consequence. The Keystone Pipeline should have been approved, and the failrue to approve it has only made environmental risks more severe.
Most recent questions on moncler clarified not to mention why you must look into every single term of this specific documentation.
Posted by: chloe ブランド | November 09, 2013 at 06:03 AM
I would like to have a different a person , otherwise they're good Louis Vuitton Authentic and advise to everyone.
Posted by: Louis Vuitton Authentic | October 16, 2013 at 01:31 PM
These oil brouhaha that I've been reading over and over for the past weeks made me sick, big time! I just hope that the oil companies will make precautionary actions so our nature will not be in limbo!!
Posted by: how to write a descriptive essay | May 14, 2013 at 10:21 PM
That project would carry Bakken and Canadian crude to the Gulf of Mexico.
Posted by: casino1 mx | March 05, 2013 at 02:24 AM