Rail Delivery Continues To Increase, But Pace Slows

With U.S. crude oil production at the highest level in two decades, outstripping pipeline capacity, the U.S. is relying more on railroads to move its new crude oil to refineries and storage centers. The amount of crude oil and refined petroleum products transported by rail totaled close to 356,000 carloads during the first half of 2013, up 48% from the same period in 2012, according to the Association of American Railroads (AAR).