Derailment Sheds Light on Risks from Oil-by-Rail Boom

The derailment of a Canadian Pacific Railroad train transporting crude oil in Minnesota this week emphasizes the policy risks fixed in delaying the Keystone XL pipeline amid unconstrained growth in rail shipments of oil.

As quoted in market news:

It is not hard to imagine the chaos that might ensue if a crude oil unit train was to derail in the metropolitan Chicago area, a key bottleneck for many shipments from North Dakota.

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