Obama Administration to Announce Stricter Oil Train Safety Standards

[mahatmakanejeeves]

Last edited Wed Jul 23, 2014, 12:46 PM - Edit history (1)

This is too late to be LBN. I see the DOT has the proposal out now, so that news will be in LBN. Here it is:

U.S. DOT Announces Comprehensive Proposed Rulemaking for the Safe Transportation of Crude Oil

I like to put oil train articles in the Economy Forum, on the grounds that so many of them are about the actions of Federal and Canadian regulatory agencies.

In the United States, regulatory agencies owe their existence to the Commerce Clause and the Administrative Procedure Act.

Obama Administration to Announce Stricter Oil Train Safety Standards

U.S. News
DOT To Require Speed Limits, Safer Railcars Carrying Flammable Fuels

By Amy Harder
July 22, 2014 7:40 p.m. ET

The Obama administration will unveil Wednesday new rules proposing stricter safety standards on trains carrying flammable fuels, including oil and ethanol, according to a Capitol Hill source familiar with the pending regulation.

The rules, to be announced by U.S. Transportation Secretary Anthony Foxx, will include standards for tank cars, speed limits for trains carrying flammable fuels, brake standards and required testing for oil and other volatile liquids.

Railroads, oil companies and railcar owners have been expecting new federal rules meant to improve the safety of oil shipments in the wake of several fiery train accidents. The proposed regulation could impact several industries.

The railroads have been worried that slower speed limits could cause major gridlock, while oil companies have fretted that new rules about tank car volumes might prevent them from shipping all the crude they wanted.
....

—Betsy Morris and Bob Tita contributed to this article.

Write to Amy Harder at [e-mail]

[Little Star]

1. Good!