Increase in Crude Oil Rail Deliveries Reflects Rising Production

The continued increase in rail transportation of U.S. crude oil reflects rising production, which reached 8.5 million bbl/d in June 2014, the highest since July 1986. On December 24, 2014, the Energy Information Administration (EIA) released a report showing that the amount of U.S. crude oil and refined petroleum products transported by rail increased by…