North America is experiencing a boom in crude oil supply, primarily due to growing production in the Canadian oil sands and the recent expansion of shale oil production from the Bakken fields in North Dakota and Montana as well as the Eagle Ford and Permian Basins in Texas. Taken together, these new supplies are fundamentally changing the U.S. oil supply-demand balance. The United States now meets 66% of its crude oil demand from production in North America, displacing imports from overseas and positioning the United States to have excess oil and refined products supplies in some regions. This book provides a background of the United States rail transportation of crude oil, as well as discusses the issues it leaves for Congress.
FORMAT Hardcover LANGUAGE English CONDITION Brand NewNorth America is experiencing a boom in crude oil supply, primarily due to growing production in the Canadian oil sands and the recent expansion of shale oil production from the Bakken fields in North Dakota and Montana as well as the Eagle Ford and Permian Basins in Texas. Taken together, these new supplies are fundamentally changing the U.S. oil supply-demand balance. The United States now meets 66% of its crude oil demand from production in North America, displacing imports from overseas and positioning the United States to have excess oil and refined products supplies in some regions. This book provides a background of the United States rail transportation of crude oil, as well as discusses the issues it leaves for Congress.
Preface; U.S. Rail Transportation of Crude Oil: Background & Issues for Congress; Statement of Joseph C Szabo, Administrator, Federal Railroad Administration. Hearing on "Enhancing Our Rail Safety: Current Challenges for Passenger & Freight Rail; Statement of Cynthia L. Quarterman, Administrator, Pipeline & Hazardous Materials Safety Administration. Hearing on "Enhancing Our Rail Safety: Current Challenges for Passenger & Freight Rail"; Statement of Christopher A. Hart, Vice Chairman, National Transportation Safety Board. Hearing on "Enhancing Our Rail Safety: Current Challenges for Passenger & Freight Rail"; Statement of Geoffrey C. Blackwell, Chief, Office of Native Affairs & Policy, Federal Communications Commission. Hearing on "Enhancing Our Rail Safety: Current Challenges for Passenger & Freight Rail"; Testimony of Edward R. Hamberger, President & CEO, Association of American Railroads. Hearing on "Enhancing Our Rail Safety: Current Challenges for Passenger & Freight Rail"; Testimony of Bob Greco, Group Director of Downstream Operations, American Petroleum Institute. Hearing on "Enhancing Our Rail Safety: Current Challenges for Passenger & Freight Rail"; Emergency Restriction/Prohibition Order, Docket No. DOT-OST-2014-0025 [Standards to Transport Crude Oil by Rail]; Index.
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