Archive for July 8th, 2013
Canada: Quebec Oil-Train Disaster Spurs Railroad-Versus-Pipelines Debate
Posted by Bloomberg: Jeremy van Loon and Gerrit De Vynck on July 8th, 2013
Bloomberg: A Quebec train disaster that killed at least five people and left about 40 missing promises to touch off debate over the safety of shipping crude oil by rail or pipelines such as TransCanada Corp. (TRP)’s Keystone XL.
As authorities began investigating the July 6 explosion of refinery-bound tank cars hauled by Montreal, Maine & Atlantic Railway Ltd. (0128377D), Quebec’s Green Party demanded stricter regulations and an energy industry association predicted tough scrutiny ahead for rail carriers....