Proposal Threatens to Aggravate Shortage of Railcars to Move Oil – Wall Street Journal
Proposed federal regulations on hauling flammable liquids threaten to aggravate a shortage of railcars for transporting oil.
The proposal, which likely will mean scrapping or redeploying thousands of tank cars, could make it more expensive to ship oil and other fuels as crude-by-rail shipments have soared with U.S. oil production. The plan could also extend the wait times for new cars
Implementing new standards will hinge on…