The Quebec train tragedy is sure to trigger tough new regulations on moving crude by rail,...

|By:, SA News Editor

The Quebec train tragedy is sure to trigger tough new regulations on moving crude by rail, ensuring higher costs for railroads and oil-company shippers, Moody's says. Slowdowns will be felt particularly by oil producers focused on the Bakken shale, where two-thirds of output is transported by rail; names likely to be affected include Whiting Petroleum (WLL), Continental Resources (CLR) and Oasis Petroleum (OAS).