Shipments of oil via the nation's railroads tripled between 2011 and 2012; that growth will likely continue as oil producers seek alternative markets for the highest returns and refiners look to replace expensive foreign imports with cheaper domestic crudes. Pipelines still transport the vast majority of oil in the U.S., and therefore they currently take the vast majority of criticism for oil spills. In this video, Fool.com contributor Aimee Duffy looks at the numbers behind the safety records for trains and pipelines, and ponders what investors should think about going forward.
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Is There Too Much Risk in Oil By Rail?
NYSE: PSX
Phillips 66

Investors should keep these numbers in mind going forward.
Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. For more energy information, follow them on Twitter, @TMFDuffy and @TylerCroweFool.
The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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