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The Question Of Bakken Crude's Volatility Must Be Settled

The Question Of Bakken Crude's Volatility Must Be Settled

There is a sharp disagreement between the oil industry and the federal government over the volatility of Bakken crude oil. This matters because, while more than 99 percent of hazardous rail shipments arrive at their destinations without incident, there have been high-profile derailments in places like Quebec and Casselton, North Dakota, that have resulted in

USDOT Says Bakken Oil Shipments Are An "Imminent Threat," But Not Ethanol?

Yesterday I wrote a post about oil derailments and ethanol derailments, noting that fiery and explosive ethanol derailments in the past haven’t received the same sort of political attention that oil derailments. I also noted that neither commodity should be blamed for train derailments, or the faulty tanks that rupture and explode upon derailment. The

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