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Railroad industry agrees to new safety measures for hauling crude

2014-02-22 06:16:21| Railroads - Topix.net

Railroads that haul volatile crude shipments have reached an agreement with U.S. transportation officials to adopt wide-ranging, voluntary safety measures after a string of explosive and deadly accidents.

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Crude oil above $102 as U.S. cold underpins demand

2014-02-22 01:12:03| Energy - Topix.net

The price of oil fell slightly but remained above $102 on Friday, underpinned by demand stemming from the severe winter weather in the U.S. By early afternoon in Europe, benchmark U.S. crude for April delivery was down 26 cents at $102.49 a barrel in electronic trading on the New York Mercantile Exchange.

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North Dakota Pipeline Rupture Spews 75 Barrels of Crude

2014-02-21 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Tesoro Corp. says an excavator struck an oil pipeline in western North Dakota, spilling about 75 barrels of crude, or about 3,150 gallons. The company says it happened Wednesday afternoon near Cartwright, which is west of Watford City near the Montana border. Tesoro says the release of oil has been stopped and about 70 barrels' worth of oil has been recovered. The company says there were no injuries, and no impacts to wildlife were reported.

Tags: north dakota north dakota pipeline

 

Oil prices drop slightly as US crude inventories rise

2014-02-21 01:00:00| Offshore Technology

Oil prices dropped slightly today as overall crude inventories in the US rose by almost one million barrels.

Tags: prices oil drop slightly

 

Will Soft Crude Oil Prices, New Safety Rules Boost Fortunes of Bakken ...

2014-02-20 15:10:04| Railroads - Topix.net

Written by John Egan for Industrial Info Resources -- Spectacular industrial accidents can rapidly overturn the fortunes of entire industries.

Tags: prices rules safety soft

 

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