Puncture-Prone Rail Cars May Be Phased Out in Two Years
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The Obama administration proposed phasing out thousands of older tank cars within two years and lowering speed limits as part of a set of new rules intended to reduce the risks of hauling crude oil by rail.
The proposal, which follows a series of fiery accidents, also would require improved braking systems and testing of oil before being loaded as well as thicker tanker walls. The rule applies to shipments of corn-based ethanol as well as oil.