Friday, November 30, 2012

No Keystone XL? Big Oil will just take the train

Grist: It looks like Keystone pipeline protesters are having an impact - though not the one they intend. Thanks in part to anti-pipeline activism, oil in North America is increasingly being shipped by train. So far this trend has been little noticed by the environmental community, but it`s big news in the rail world. From Railway Age: "Railroads are booming, and [the reason] is oil," reports the well-known and highly respected stock market news and financial analysis website Seeking Alpha. "Railroad...

URL: http://grist.org/climate-energy/no-keystone-xl-big-oil-will-just-take-the-train/

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