The U.S. Department of Transportation and Transport Canada announced new tank car standards for the U.S. and Canada last week. Growth Energy CEO Tom Buis says the rule has a significant impact on the delivery of American-made ethanol – nearly 70-percent of which is transported by rail. Buis says Growth Energy and the ethanol industry have been actively engaged in this process since the outset and provided extensive comments on the proposal last year. Although Growth Energy is pleased that the rule begins to acknowledge the difference between cars in ethanol and crude service – Buis says they are extremely disappointed that regulators are requiring extensive changes to the ethanol rail fleet – while seemingly ignoring the number one cause of these accidents – broken rails and poor track condition. He says Growth Energy will work to further understand the implications of the rule and its impact on the industry.
Source: NAFB News Service