Shipments of Oil by Rail: Economic Implications for Safety and Safety-Related Investments

Thompson, Eric; Khattak, Aemal; Iranitalab, Amirfarrokh; Greer, Collin; University of Nebraska--Lincoln. Nebraska Transportation Center

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Shipments of Oil by Rail: Economic Implications for Safety and Safety-Related Investments

2018-07-01
By Thompson, Eric ; Khattak, Aemal ; Iranitalab, Amirfarrokh ; ...

[PDF-892.16 KB]

English

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Creators:

Thompson, Eric ; Khattak, Aemal ; Iranitalab, Amirfarrokh ; Greer, Collin

Thompson, Eric ; Khattak, Aemal ; Iranitalab, Amirfarrokh ; Greer, Collin Less -
Corporate Creators:

University of Nebraska--Lincoln. Nebraska Transportation Center
Corporate Contributors:

University of Nebraska-Lincoln. University Transportation Center for Railway Safety ; United States. Department of Transportation. University Transportation Centers (UTC) Program ; University of Texas Rio Grande Valley. University Transportation Center for Railway Safety

University of Nebraska-Lincoln. University Transportation Center for Railway Safety ; United States. Department of Transportation. University Transportation Centers (UTC) Program ; University of Texas Rio Grande Valley. University Transportation Center for Railway Safety Less -
Subject/TRT Terms:

[+]

Crude Oil Economic Impacts Feasibility Analysis Forecasting Freight Transportation Hazardous Materials Investments Railroad Safety Railroad Transportation Resource Development Spills (Pollution)
Publication/ Report Number:

26-1121-0018-013
Resource Type:

Tech Report
Geographical Coverage:

North Dakota ; United States

North Dakota ; United States Less -
Edition:

Final Report (October 2016 – June 2018)
Corporate Publisher:

University of Nebraska-Lincoln. University Transportation Center for Railway Safety
Abstract:

Fracking technology has allowed for significant expansion of oil production in regions with limited oil pipeline capacity, such as the Bakken formation in North Dakota. These regions must compensate for the increase in oil production by expanding oil by rail shipments, specifically utilizing tanker cars. However, oil by rail shipments to the Eastern and Southern United States had declined in recent years. The present study utilizes U.S. Energy Information Administration forecasts of Bakken oil production and oil by rail shipments through the year 2040. A linear programming model was developed to estimate the volume of state-to-state oil by rail shipments by analyzing release incident rates. In addition, the present study assesses the growth of rail release incident costs and explores how changes in release incident costs impact the economic feasibility of rail-related safety investments. The data implied a positive correlation between oil production and oil by rail shipments. Annual release incidents costs for hauling oil by rail will rise significantly in the future due to projected increases in oil production and rising release incident rates.
Format:

PDF
Funding:

DTRT13-G-UTC59
Collection(s):

University Transportation Centers
Main Document Checksum:

[+]

urn:sha256:a0a2c3db93a13dc80a5e33036072b6096344b1ca9773c71bfd74ea4a4b1a8efd
Download URL:

https://rosap.ntl.bts.gov/view/dot/66297/dot_66297_DS1.pdf
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Shipments of Oil by Rail: Economic Implications for Safety and Safety-Related Investments

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