Just days after inadequate new safety rules from PHMSA, yet another oil train accident shows that we must stop these dangerous trains now.
Author: Lorne Stockman
Newsletter: Despite Falling Prices North America’s Fossil Fuel Sector Makes Healthy Profits
This post was co-authored by Shakuntala Makhijani and Lorne Stockman. Oil, gas, and coal prices all fell dramatically in 2014, but North American fossil fuel industry* profits still totaled a healthy $257 billion. These profits were a modest 22% less than 2013, with the declines unsurprisingly concentrated in the upstream fossil fuel industry. The coal mining … Read More
Newsletter: U.S. Energy Information Administration Fails the Climate Test
The U.S. Energy Information Administration’s (EIA) annual flagship report, the Annual Energy Outlook (AEO) 2015 was published April 14 and launched with a presentation at the Center for Strategic & International Studies (CSIS). The brief discussion of CO2 emissions by EIA Administrator Adam Sieminski exposed just how blind the EIA currently is toward crucial climate … Read More
Obama Administration Leaves Explosive Oil Trains on the Rails for Years
For Immediate Release May 1, 2015 Obama Administration Leaves Explosive Oil Trains on the Rails for Years Long phase-out of hazardous cars, inadequate speed limits, deficient tanker shells leave communities at risk of catastrophe Washington, D.C. — Today the Department of Transportation (DOT) released long-awaited new safety standards for rail tank cars used to haul … Read More
Teck Frontier: poster child of tar sands folly
Any way you look at it, Teck’s proposed tar sands mine, ‘Frontier’ is a bad investment.
EIA data confirms rail is no replacement for Keystone XL
The EIA’s new crude-by-rail data confirms what we always knew. That Keystone XL cannot be replaced by rail and will have a serious climate impact.
Newsletter: Crude-by-rail terminals update: the surplus grows
In our May 2014 report on the burgeoning crude-by-rail trade, we tracked, among other things, the capacity of loading and unloading terminals in the U.S. and Canada. These terminals are also mapped on our crude-by-rail map. We noted in the report that there was a large surplus in the capacity to load and unload crude … Read More
Crude oil trains are unsafe, period. Stopping them will protect our communities and climate
For the sake of a mere 4% of total petroleum passing through the United States, we say stop the trains now, protect North America’s communities and build an energy system that protects the climate and our citizens from a reckless oil industry.
Department of Energy data shows Keystone XL is an export pipeline
New data from the EIA shows that the President was right to call Keystone XL an export pipeline.
Oil Benchmark Price Trends and Implications for Crude-by-Rail
While the steep decline in oil prices since June has been well documented, perhaps less noticeable have been the changes in the spread – or price differential – between Brent (an international oil price benchmark) and WTI (a major North American benchmark). As the oil price decline took hold, the previously wide Brent-WTI spread shrank … Read More