Taxpayers are on the hook for expensive oil train risks. | Shipping crude oil by train is an extraordinarily dangerous enterprise. Notoriously prone to leaks and spills, recent history has shown that railcars can explode catastrophically when the fuel comes in contact with an ignition source. The damages can be profound. To make matters worse, the railroads that run the oil trains—and that are legally liable for damaging incidents—are chronically and severely underinsured. In fact, Sightline has documented extensively for the...
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