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August 23, 2013

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A note that maybe the data is old or only American rail? Not only Quebec incident, but also the Alberta rail-oil spill into Wabamun Lake in 2005. I was remembering a derailment in Albert on Jun 27, but that didn't turn out to actually spill oil.

http://www.huffingtonpost.ca/2013/08/23/alberta-pipeline-safety-report-released_n_3806199.html

might be a useful additional link.

I like rail in the sense rail is much easier to regulate upkeep than pipelines are. The impact of capital depreciation is much harder for regulators to see and enforce repairs when it comes to pipelines, I would think.

I'm not sure the economic logic behind pipelines survives with lower oil prices, though.

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