HOUSTON, July 1- A surge in West Texas oil pipeline startups and expansions has squeezed viability of some crude-by-rail terminals in the region, but increased output of ultra-light condensate could give them a niche pipelines cannot fill, a top rail operator in the region said on Wednesday. "The big topic used to be that there wasn't enough takeaway capacity out...» Read More
Brian Pallasch, ASCE Managing Director, discusses the grade of America's rail infrastructure and lack of funding.
SAN FRANCISCO, May 4- The U.S. Environmental Protection Agency has cited Plains All American Pipeline LP's Bakersfield crude by rail terminal with a series of violations, according to a notice made public on Monday. The EPA notice does not, however, bring operations at the facility to a halt, noted Elizabeth Forsyth, an attorney with environmental group...
CNBC's Morgan Brennan takes to the streets to survey the state of the nation's roads and the billions of dollars it costs consumers to fix the damage.
*New railways target Uganda, Rwanda, Burundi, Congo. Oil discoveries in Kenya and Uganda and gas finds in Tanzania have turned east Africa into an exploration hotspot for oil firms but transport infrastructure in those countries has suffered from decades of under-investment. Sitta said the railway network would meet the huge demand for the transportation of...
"There's a complete disrepair of our roads in the United States," says fund manager Josh Duitz. Here's how he'd play it.
SYDNEY/ WILMINGTON, Del., March 12- Australian pension fund giant IFM Investors said it will buy the bankrupt operator of a large Midwest toll road for $5.7 billion including debt, its biggest acquisition and Australia's fourth largest purchase of a U.S. firm. The deal advances Australia's standing in the global race for established infrastructure as pension...
NEW DELHI, Feb 26- India will increase investment in its overloaded railway network to 8.5 trillion rupees over the next five years, the government said on Thursday, promising to modernise existing tracks but shying away from raising fares to fund the expansion. Presenting the railway budget just two days before the government delivers its first full annual...
President Obama responds to wide concern over deteriorating US infrastructure of highways and bridges, and whether there's an opportunity for bipartisan success.
"The Federal government has given up the business of running highways," says John Hofmeister, Citizens For Affordable Energy. He thinks they should let the state's take over.
Insight to why fatal truck accidents have risen 18 percent from 2009-2012, with CNBC's Eamon Javers.
CNBC's Eamon Javers takes a look at highway safety and how new technology is being used to prevent terrible crashes and tragedies on the road.
CNBC's Eamon Javers takes a look at highway safety and long-haul trucking.
Sen. Bob Corker, (R-Tenn.), shares his plan to find a responsible way to pay for the Highway Trust Fund.
Key senators offered announced an outline of a new measure that would pour an additional $16 billion a year into the Highway Trust Fund.
Large parts of the country have been dealing with severe winter weather this year, including heavy snow and ice. The harsh weather has produced an unexpected headache for many drivers in the form of potholes. NBC's Tom Costello reports.
People participating in extreme sports can spend anywhere from a few hundred dollars to tens of thousands. What are the costs associated with extreme sports?