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Canada issues new rail-safety requirements

from The Wall Street Journal

Canada moved to bolster the safety of the country's rail system recently, stepping up oversight of oil shipments as part of a broader response to last year's deadly oil-train derailment in Quebec. Transport officials will do more research on how crude oil behaves during shipping and will step up inspection efforts around the classification of oil and other dangerous goods, Canadian Transport Minister Lisa Raitt said. The volatility of Bakken crude, which was involved in the Quebec crash, has emerged as one of the key issues facing regulators as the shipping of crude by rail continues to grow. more

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