Canada’s oil industry faces the risk of tightened regulations on - TopicsExpress

Canada’s oil industry faces the risk of tightened regulations on fuel shipments following Saturday’s Lac-Mégantic rail disaster, just as companies are relying on rails to get rising production volumes to market. Rail shipments have become crucial for oil producers such as MEG Energy Corp., which are trying to boost output amid pipeline constraints. That makes it unlikely that the recent derailment, which killed at least five people and has left at least 40 missing, will prompt regulators to force the oil industry to curtail rail shipments. Instead, they may require changes to how railways operate when moving oil. theglobeandmail/report-on-business/industry-news/energy-and-resources/oil-industry-watches-as-policy-makers-face-rail-questions/article13081793/

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