Insurers and Regulators Respond to Oil-by-Rail Safety Issues; Potential Cost Implications
Breaking Energy 2014-05-23
Summary:
According to recent rail industry reports, US freight railroads are estimated to have carried 434,000 carloads of crude oil in the past year. Though oil-by-rail has proven its benefits relating to the efficient transport of oil from upstream to downstream, it has raised significant concerns regarding transportation safety and its environmental impacts. Due to recent