3 State Regulatory Trends: Taxing Trains. Oil. Transparency.
3 states in recent months have strengthened regulations for tranporting oil via train. The states:
- Pennsylvania
- Oregon
- Washington
What do the new regulations do?
- greater policing of oil shipments through inspection, regulation and even lawsuits
- Washington added a 4-cent-per-barrel tax on oil moved by trains to help pay for clean up from any accidents or derailments.
- require freight rail companies to notify local emergency personnel when oil trains would pass through their communities.
Governing