1 Company Getting Crude-By-Rail Wrong

By Sara Murphy – Jul 8, 2013 at 12:00PM

NYSE: CVX

Chevron

Market Cap

$304B

Today's Change

(0.44%) $0.72

Current Price

$163.57

Price as of April 24, 2024, 4:00 p.m. ET

This company's proposed crude-by-rail project lacks transparency, and could see serious backlash in the wake of the recent tragedy in Lac-Megantic, Quebec.

Motley Fool contributor Sara Murphy discusses a proposed crude-by-rail project that may be in trouble, especially in light of the horrible explosion that just took place in Lac-Mégantic, Quebec.

Sara Murphy has no position in any stocks mentioned. Follow her on Twitter @SMurphSmiles. The Motley Fool recommends Chevron. 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.