Oil Train Crash Pushes Rail Cos. To Sharpen Legal Defenses

Law360, New York (July 11, 2013, 8:09 PM EDT) -- The deadly derailment of a crude-oil toting train in Quebec last weekend won't curb the rapid growth in rail shipments of oil, but attorneys say it will force rail companies to ensure they can withstand the resulting regulatory scrutiny and legal liabilities if disaster does strike.

With U.S. crude oil production at its highest levels in two decades and outpacing pipeline capacity, the U.S. Energy Information Administration says nearly 1.4 million barrels per day of crude oil and refined petroleum products was transported by rail in...
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