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3 Pages

Derailment of Crude by Rail?


Derailment of Crude by Rail?

Report summary

The crude oil train derailment in Lac-Megantic , Quebec on 6 July resulted in a tragic loss of life.  This accident could raise a series of questions on petroleum transportation safety and reliability by various modes.  Although it is too early to predict any outcomes, a key issue will be whether Canadian regulators treat this investigation as part of the existing transportation operating environment or if the incident is seen as unchartered territory for rail shipments, requiring a more...

What's included?

This report includes 1 file(s)

  • Derailment of Crude by Rail? PDF - 376.92 KB 3 Pages, 0 Tables, 2 Figures

Description

This Macroeconomics and Global Trends Insight report presents our research on this key topic, and draws out the implications for economies and commodity markets.

This report delivers a clear understanding of our unique global economic outlook and identify risks and uncertainties to watch out for.

Wood Mackenzie's global trends and macroeconomic analysis underpins all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.

Our comprehensive understanding of commodity markets gives us a unique insight into the pace of global development and the risks associated with it.

  • Executive summary
  • Does this incident impact the timing of pipeline approvals in Canada?
  • Can other modes of transportation fill the gaps created by curtailment of rail?
  • How might rail curtailment impact North America crude prices?

In this report there are 2 tables or charts, including:

  • Executive summary
  • Does this incident impact the timing of pipeline approvals in Canada?
  • Can other modes of transportation fill the gaps created by curtailment of rail?
    • Chart 1: US crude by rail movements
  • How might rail curtailment impact North America crude prices?
    • Chart 2: Brent - WTI differential forecast prior to derailment (Macro Oils 28 June 2013 Monthly Update)
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