Storing crude oil in rail tank cars requires an understanding of federal hazmat regulations

(Source: JD Supra, April 7, 2020)

WASHINGTON, D.C. — The United States is awash in oil. The Coronavirus Pandemic has collapsed global demand and at the same time, increased oil production by Saudi Arabia and Russia has caused oil supply to surge. Facing a potential need for storage, Bloomberg is reporting that oil companies are considering rail cars to store excess crude oil.

Full story: JD Supra

Wednesday, April 8, 2020