Today the Surface Transportation Board (STB) published a
meeting notice in the Federal Register (79 FR
9587-9588) for a meeting of the Rail Energy Transportation Advisory Board
on March 6th, 2014. Potential agenda items for this meeting include:
• Introduction of new members;
• A performance measures review;
• Discussion of domestic oil
production and transportation;
• Industry segment reports by RETAC
members;
• A presentation on the domestic
coal market; and
• A roundtable discussion.
There is not yet an actual agenda for the upcoming meeting
on the RETAC web site.
There are some interesting items from the minutes of the last meeting on
September 19th, 2013:
• The Association of American Railroads
reported “a performance measure of 99.998% for successful transportation of
hazardous materials. Accident rates are down, resulting in rail being the
safest mode of transportation. Crude oil shipment performance has been
excellent, resulting in product loss of only 2.2 gallons per million ton miles.”
Page 2 of Minutes.
I suspect that the figures have probably changed since then.
• The Rail
Fleet Update continues to show a large backlog of new bulk tank cars and
further projected growth in the petroleum transportation process.
• The Rail
Crude Oil Segment Report (NOTE: there is some sort of problem with data
visualization on page 2; it just won’t load) contains some interesting graphics
on the increase in the barrels of crude oil shipments originating in North
Dakota (slide 4) and showing that 68% of the crude shipped from that region
goes by rail.
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