As other see it: Fashionable regulation
The Forum of Fargo-Moorhead
In a turnaround, they all seem to be embracing regulation.
Exploding trains in a politician’s backyard apparently have a way of eclipsing an antiregulation ideology that, by any honest assessment, has contributed to dangerous conditions on the rails. After all, until a fatal oil train wreck in Canada and the derailment and explosion of an oil train near Casselton, N.D., (which could have been a horrific disaster had it been closer to Casselton or 20 miles east in Fargo), the private sector and regulators seemed to be content with the status quo.
Now senators, governors, railroad CEOs, tank car company executives, and regulators from Washington to Bismarck are falling all over themselves to say the right things about the danger of volatile North Dakota Bakken crude oil on the rails. It’s not a reach to suggest they are closing the barn door after the horse galloped away.
Consider the recent past. First, the rail bed near Casselton where a Bakken oil train exploded like a series of bombs has been known as a bad stretch of track for years. It has a record of derailments. Second, tank cars that carry Bakken crude across the country were (are?) vulnerable to failure in a wreck. Third, until recently, the explosive potential of Bakken oil was considered a “myth” by at least one state regulator. ...
Regulation can’t prevent every accident. But tough safety requirements for shipping hazardous materials by rail can minimize damage when a train derails.