The Dangers Of Shipping Crude Oil By Rail And Calls For New Safety Rules

The Dangers Of Shipping Crude Oil By Rail And Calls For New Safety Rules

Shipping crude oil by rail increased sharply in the past decade and the National Transportation Safety Board has recommended stricter safeguards. What new safety rules could mean for industry, population centers and the Keystone XL pipeline.

Since 2005, crude oil shipments by railways have risen by more than 400 percent. The increase is largely because of the boom in shale oil production in the U.S. and Canada. Concerns about recent accidents led the National Transportation Safety Board last week to call for stricter rail standards. The head of the NTSB, Deborah Hersman, said safety rules need to catch up with the new reality of large-scale oil shipments. Hersman also said, "the people and the environment along rail corridors must be protected from harm." What new rail safety rules could mean for industry, population centers and the Keystone XL Pipeline.

Guests

Robert Sumwalt

one of five members of the National Transportation Safety Board, an independent federal agency.

Marianne Lavelle

senior energy editor, National Geographic.

Kevin Book

managing director of research, ClearView Energy Partners.

Ed Hamberger

president and CEO, Association of American Railroads.

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