Crude Oil Volatility Excessive in WV Unit Train Derailment, Explosions & Fires
National Public Radio Report (Listen to the Interview) http://www.npr.org/2015/03/04/390757715/west-virginia-derailment-raises-concerns-about-volatility-of-bakken-oil
Crude Oil Volatility Excessive in WV Unit Train Derailment, Explosions & Fires
MELISSA BLOCK, HOST: Dangerously high levels of combustible gas thats what tests show about the crude oil in the freight train that derailed in West Virginia late last month. Dozens of train cars burst into flame and exploded into huge fireballs. No one was killed, but 200 people from nearby towns were forced to flee their homes. The fire burned for more than three days. The train was carrying crude from North Dakotas Bakken oil fields and Russell Gold, who covers energy for The Wall Street Journal, has seen a lab report analyzing that oil. He joins me now welcome to the program.
BLOCK: Russell Gold, what does that lab report show?
GOLD: Well, the lab report, which was a test of the crude oil in North Dakota, showed that it had a vapor pressure of about 13.9 pounds per square inch, which is very, very high for oil. Most oils or average oil might be somewhere around six pounds per square inch. Thats actually above a new state rule says you cant ship oil if its above 13.7.
So when North Dakota adopted this rule right at the end of last year, there were a lot of people that said were glad youre regulating this, but its very high. Cant you make it lower? And whats really remarkable is that the oil in the train that derailed in West Virginia was even higher than that standard.
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