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NY lawmaker authors bill to ban high-volatility oil trains

May 10, 2015 12:03 am
The Daily Freeman reports that a New York legislator introduced federal legislation that would immediately ban the interstate shipment of high-volatility crude oil by rail. The bill would also direct federal agencies to set a national standard for oil train shipping. The bill from Rep. Nita Lowey (D-Westchester) would permit rail shipments of Bakken crude that has been treated to make it less volatile. According to the story, "Bakken crude has an RVP of over 8.5 pounds per square inch or higher, compared to lower volatilities of Eagle Ford Shale of 8 psi, Brent at 6.17 psi, and Basrah Light at 4.8 psi." Regular shipments of Bakken crude pass along the wast side of the Hudson River and sit in yards in Albany, since a recent uptick in production. On May 6 there was another accident nationally, with ten tanker cars on a BNSF Railway oil train catching fire in North Dakota. Read the full story in The Daily Freeman.