Oil spill draws attention to rail transport fears

Mar 29, 2013 | 01:20 PM | Thorsten Schier

Tags  Canadian Pacific Railway, CP, oil spill, TransCanada, rail, pipelines, Kurt Minnich, derailment oil spill

NEW YORK — An oil spill following the derailment of a Canadian Pacific Railway (CP) train could raise concerns about the increasingly common practice of transporting fuel by rail rather than by pipeline.

"Besides the obvious (environmental impact), any kind of a spill is going to raise awareness and caution," Kurt Minnich, manager at Tulsa, Okla.-based Pipe Logix Inc., told AMM. However, the latest incident was "not a large spill by most standards."....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results