Oil By Rail Still Expanding Despite Accidents

Investors.com http://ift.tt/1zLLuuP Oil shipments by rail increased in the first seven months of the year, despite recent high-profile accidents that involved trains near cities. The number of crude and refined products transported via rail in the U.S. rose 9% in January to July vs. a year ago, according to an Energy Information Administration analysis of data from the Association of American Railroads. About 260,000 carloads, or half of all carloads carrying petroleum or petroleum