Subscribe free to our newsletters via your
. Space Travel News .




OIL AND GAS
API says its oil train proposals offer reasonable solution
by Daniel J. Graeber
Washington (UPI) Oct 1, 2014


disclaimer: image is for illustration purposes only

The American Petroleum Institute said federal proposals for safer transit of oil by rail are not feasible, though its program can provide a reasonable solution.

API said proposals outlined by the U.S. Department of Transportation for safer oil transit could stifle North American crude oil production.

"We have instead proposed an aggressive yet achievable program for retrofitting the crude oil fleet to get stronger cars onto the tracks as fast as possible while limiting the most adverse economic consequences for consumers," API President Jack Gerard said in a Tuesday statement.

API said it was proposing a railcar with walls about 1/16 of an inch less than the federal guidelines for rail cars carrying crude oil.

The Department of Transportation in July called for the elimination of older rail cars designated DOT-111 for the shipment of flammable liquids like crude oil. Regulators in January warned oil from the Bakken reserve area of North Dakota, which lies at the heart of the shale boom, may be more prone to catch fire than other grades of oil.

API points to study by ICF International that finds federal proposals for rail could lead to $22.8 billion in consumer costs over ten years.

The increase in North American oil production is more than the existing network of pipelines can handle. Without Keystone XL, a pipeline designed for Canadian crude, API said consumer costs would reach $45.2 billion under federal rail proposals.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
French envoy feted by Iraqi Oil Ministry
Baghdad (UPI) Sep 30, 2014
The Iraqi government said Tuesday it welcomed French diplomats in Baghdad to discuss natural security and economic ties, including ties in the oil sector. Iraqi Oil Minister Adel Abdel Mahdi met in Baghdad with French Ambassador to Iraq Mark Barity to discuss bilateral ties. French energy company Total has a 20-year development and production service contract through a consortium ... read more


OIL AND GAS
Arianespace's lightweight Vega launcher is readied for its mission with the European IXV spaceplane

Soyuz Rocket Awaiting Launch at Baikonur Cosmodrome

Elon Musk, Rick Perry attend groundbreaking for Texas spaceport

France raises heat on decision for next Ariane rocket

OIL AND GAS
India's Mars Orbiter Cost Only 11 Percent of NASA's Maven Probe: Reports

India's spacecraft beams back first Mars photos

NASA Rover Drill Pulls First Taste From Mars Mountain

Back to Driving

OIL AND GAS
Russia to Launch Full-Scale Moon Exploration Next Decade

Lunar explorers will walk at higher speeds than thought

Year's final supermoon is a Harvest Moon

China Aims for the Moon, Plans to Bring Back Lunar Soil

OIL AND GAS
One Last Slumber

Democracy has spoken, Pluto should be a planet

Miranda: An Icy Moon Deformed by Tidal Heating

Awaiting New Results on Pluto's Atmosphere

OIL AND GAS
New milestone in the search for water on distant planets

Clear skies on exo-Neptune

Distant planet's atmosphere shows evidence of water vapor

Chandra Finds Planet That Makes Star Act Deceptively Old

OIL AND GAS
Analyst: US to Finish Human Space Launcher by 2018 at Best

Amazon founder strikes deal to build US rocket engines

Boeing, SpaceX to send astronauts to space station

Space Launch System Will Use Massive Welding Tool

OIL AND GAS
China Exclusive: Mars: China's next goal?

Astronauts eye China's future space station

China eyes working with other nations as station plans develop

China completes construction of advanced space launch facility

OIL AND GAS
Asteroid named for University of Utah makes public debut

Dawn Operating Normally After Safe Mode Triggered

'J' marks the spot for Rosetta's lander

'J' marks the spot for historic comet landing




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.