December 17, 2015 | Headlines, Oil Train
(Source: Minneapolis Star Tribune, December 16, 2015) MINNEAPOLIS — 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 a windfall for investors who held...
December 17, 2015 | Canada, Headlines, Oil Train
(Source: Montreal Gazette, December 16, 2015) MONTREAL — The monitor and lawyers involved in settling the Lac-Mégantic file deserve an extra $10 million for their work in obtaining and overseeing a compensation fund now exceeding $450 million in the wake of the 2013...
December 15, 2015 | Headlines, Oil Train
(Source: The Columbian, December 15, 2015) COLUMBIA, Wash. — With or without an oil-by-rail terminal at the Port of Vancouver, oil train traffic is increasing in Clark County. Union Pacific announced last week it is sending up to one train with 35 or more cars of...
December 15, 2015 | Headlines, Oil Train
(Source: Associated Press, December 14, 2015) PORTLAND, Ore. — A semitrailer truck hauling fuel crashed into a parked railroad tanker on Sunday, sparking a fire that sent up plumes of black smoke visible for miles. Full story: www.heraldnet.com
December 15, 2015 | Canada, Headlines, Oil Train
(Source: CBC News, December 13, 2015) MONTREAL — A settlement fund for victims of the Lac-Mégantic train disaster that killed 47 people will soon be in place, and payments to settle wrongful-death claims will arrive next month, a U.S. bankruptcy trustee said. Full...
December 14, 2015 | Headlines, Oil Train
(Source: The Oregonian, December 11, 2015) PORTLAND, Ore. — Consultants evaluating a proposed Vancouver oil train terminal for a Washington state regulator vastly understate the worst-case scenario for a catastrophic oil spill, data from the United States and Canada...
December 10, 2015 | Headlines, Oil Train
(Source: Progressive Railroading, December 9, 2015) New York State’s latest round of targeted crude-oil tank car and rail inspections uncovered more than 40 tank car and rail defects across the state, Gov. Andrew Cuomo announced Monday. Full story: Progressive...
December 10, 2015 | CN, Headlines, Oil Train
(Source: CBC News, December 8, 2015) SUDBURY — The provincial government is billing CN Rail $350,000 for clean-up assistance at the sites of two train derailments near Gogama. Full story: CBC News
December 10, 2015 | Canada, Headlines, Oil Train
(Source: Calgary Herald, November 25, 2015) CALGARY, Alberta — Canadian crude-by-rail exports rebounded in the third quarter to 116,000 barrels per day from 84,000 bpd in the second quarter as wider light-heavy price differentials improved rail’s economics, according...
December 2, 2015 | Headlines, Oil Train
(Source: McClatchy News Service, November 26, 2015) WASHINGTON, D.C. — A proposal to build the largest oil train terminal in the Pacific Northwest could result in a derailment every two years and an oil spill from a derailment once every 12, according to a draft...
