Changes in the Role of US Railroads as Haulers of Coal and Crude: Causes and Consequences View Full Text


Ontology type: schema:ScholarlyArticle     


Article Info

DATE

2016-09

AUTHORS

Russell Pittman

ABSTRACT

The role of the class I railroads in the USA in hauling both coal and crude oil has changed a good deal in recent years. Though coal remains the single most important commodity for US railroads, the volume carried has been declining since 2008. On the other hand, though oil and other petroleum products continue to account for a fairly small share of the freight hauled by US railroads, that share has been growing continuously since early 2010. As a result of this rapid increase and the accidents that have accompanied it, regulators have imposed new and costly restrictions on the railways. This paper discusses the factors behind these two trends—largely the decline in coal’s share in electricity generation and the increased application of new technologies in oil and gas regions far from pipelines—and discusses some of the regulatory and policy implications, in addition to the impacts on the railroads themselves. More... »

PAGES

5-9

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/s40518-016-0043-3

DOI

http://dx.doi.org/10.1007/s40518-016-0043-3

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1003522833


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