Experts say the East Coast's plentiful water could cost cents per gallon to Californians and provide a stable, potable water supply.» Read More
CALGARY, Alberta, Feb 17- Canadian National Railway Co said on Tuesday it has nearly completed repairs on a stretch of its mainline track in northern Ontario after a crude train derailed on the weekend, spilling oil and causing several of the cars to burn. Late on Saturday night, 29 cars carrying Alberta oil sands crude to eastern Ontario derailed from the track and...
WASHINGTON, Feb 17- A fiery oil train derailment in West Virginia this week exposes lax safety standards and strengthens the case for tougher U.S. rules governing such shipments, safety advocates said on Tuesday. A 109- car delivery of crude oil from North Dakota's Bakken energy patch derailed in West Virginia on Monday, setting at least nine cars ablaze.
CALGARY, Alberta, Feb 17- Canadian National Railway Co is still cleaning up spilled oil and removing damaged rail cars after a weekend derailment on its line at a remote site about 80 kilometers south of Timmins, Ontario. The company said 29 of 100 cars on the train heading from Alberta's tar sands to eastern Ontario derailed late on Saturday and seven caught fire.
Diana Furchtgott-Roth, Manhattan Institute, and Tyson Slocum, Public Citizens Energy Program, discuss whether it's cheaper and safer to move oil by pipeline or by rail.
Feb 17- A CSX Corp oil train that derailed and erupted in flames in West Virginia on Monday was hauling newer model tank cars, not the older versions widely criticized for being prone to puncture, the company said. The train, which was carrying North Dakota crude to an oil depot in Yorktown, Virginia, derailed in a small town 33 miles southeast of Charleston.
A CSX train carrying oil from the Bakken derailed and burst into flames on tracks nears Charleston, W. Va., on Monday.
A CSX train carrying oil derailed and erupted into flames in West Virginia, adding to safety worries about transporting crude on railroads.
Feb 17- A CSX Corp oil train that derailed and erupted in flames in West Virginia on Monday was hauling newer model tank cars, not the older versions widely criticized for being prone to puncture, the firm said. The train, which was carrying North Dakota crude to an oil depot in Yorktown, Virginia, derailed in a small town 33 miles southeast of Charleston.
BECKLEY, W.Va., Feb 16- A CSX Corp train hauling North Dakota crude derailed in West Virginia on Monday, setting a number of cars ablaze, destroying a house and forcing the evacuation of two towns in the second significant oil-train incident in three days. One or two of the cars plunged into the Kanawha River, and "a couple are burning," said Robert Jelacic, night shift...
A train carrying crude oil derailed in southern West Virginia on Monday sparking a house fire and threatening the water supply.
NEW YORK, Feb 16- A CSX Corp train hauling crude derailed in West Virginia, setting 14 cars ablaze and forcing the evacuation of two nearby towns in the second significant oil-train incident in three days, local media reported on Monday. At least one of the tank cars careened into the Kanawha River another plowed into a house before bursting into flames,...
TORONTO/ CALGARY, Feb 15- Canadian Pacific Railway Ltd began operating a reduced freight schedule run by its managers on Sunday, after talks on a new contract broke down and more than 3,000 train engineers and conductors walked off the job. Canada's No. 2 railway and the Teamsters Canada Rail Conference failed to agree on terms including on scheduling and rest...
WASHINGTON, Feb 2- U.S. railroads expect to boost spending to $29 billion this year to lay track, add engines and otherwise upgrade a national network tested by a surge in energy and agriculture deliveries, the leading industry trade group said on Monday. The investment announced by the Association of American Railroads is the second annual increase for a...
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Some of Thursday's midday movers:
The plunge in oil and the strong dollar are the lead factors in determining stocks to buy or short as the fourth quarter earnings reports come out.
CSX reported a higher profit and said it expected a strong increase in its freight business and double-digit earnings growth during 2015.
Some of the names on the move ahead of the open.