Oil by Rail

Ferrellgas sheds PA-area oil by rail contract amid allegations of misconduct

Quiet sale raises questions about how transparent Ferrellgas has been with investors about the Eddystone terminal contract By Jarrett Renshaw NEW YORK (Reuters) – Ferrellgas Partners LP has quietly shed a five-year contract at a Philadelphia-area crude rail terminal just a year after it obtained it through a deal that gave the propane company its

Ferrellgas sheds PA-area oil by rail contract amid allegations of misconduct Read More »

Rail shippers petition to reaffirm DOT’s authority over oil tank car safety

“Our petition simply requests that DOT adopt clear rules that ensure that the responsibility for establishing tank car specifications remains in the hands of federal regulators.” WASHINGTON – A broad coalition of shipper organizations has petitioned the Department of Transportation (DOT) to adopt rules reinforcing the Department’s authority to set uniform national tank car standards

Rail shippers petition to reaffirm DOT’s authority over oil tank car safety Read More »

US rail shipments of liquid fuels decline in 2016, led by crude oil

After reaching more than 1 million b/d in 2014, crude-by-rail volumes declined slightly in 2015 US rail shipments of liquid fuels dropped by 19 per cent in the first three months of 2016, according to the US Energy Information Administration. Shipments of crude oil, ethanol, and biodiesel averaged 1.1 million b/d, much lower than the 2013–15 average. Since shipments of ethanol and

US rail shipments of liquid fuels decline in 2016, led by crude oil Read More »

USD Terminals Canada looks to expand facility to load more Alberta crude trains

USD Terminals proposing to double current capacity EDMONTON _ A company wants to expand its rail facility southeast of Edmonton so it can load more trains with Alberta crude for shipment across North America. USD Terminals Canada says its rail terminal near Hardisty, Alta., can already load up to two trains each with 120 railcars

USD Terminals Canada looks to expand facility to load more Alberta crude trains Read More »