Bad News for Pipelines – Good News for Rail
One of the first oil pipelines originated in the 1860s, when the Oil Transport Association constructed a wrought iron pipeline from an oil field in Pennsylvania to a railroad station 6 miles away. The pipeline was only 2 inches in diameter. Pipelines are generally more economical than shipping by railroad. But they have more regulatory hurdles. With the recent problems with getting approval for the Keystone XL pipeline, rail transportation has been growing.
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