North Dakota oil boom seen adding costs for rail safety

Posted by Bloomberg: Jim Efstathiou Jr. and Angela Greiling Keane on August 13th, 2013
Bloomberg: Crude oil shipped by railroad from North Dakota is drawing fresh scrutiny from regulators concerned that the cargo is adding environmental and safety hazards, something that analysts say could raise costs. The U.S. Federal Railroad Administration is investigating whether chemicals used in hydraulic fracturing are corroding rail tank cars and increasing risks. Separately, three pipeline companies including Enbridge Inc. warned regulators that North Dakota oil with too much hydrogen sulfide, which......

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