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How U.S. Crude Oil Exports Are Hastening the Demise of the Oil Industry

When Congress lifted the export ban on U.S. crude oil in December of 2015 to allow for exports beginning in 2016, the oil industry celebrated. However, looking back at the impact of lifting the 40-year-old ban, it appears the move has helped hasten the financial demise of the U.S. oil industry while also increasing the industry’s huge contribution to climate change. In many ....

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Another Bomb Train Accident Highlights Regulatory Failures

Read time: 6 mins
By Justin Mikulka • Wednesday, December 23, 2020 - 15:03
A train carrying over 100 cars of volatile Bakken oil derailed in Washington state, causing the evacuation of the town of Custer. At least two of the train cars ruptured and the oil ignited and burned reminding us once again why these dangerous trains are known as bomb trains.
Matt Krogh of Stand.earth has been leading efforts to keep these dangerous trains off the tracks for years, so he was well aware of the potential deadly consequences of oil train accidents in populated areas. Krogh could see the smoke from this latest accident from his home in Bellingham, Washington. ....

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