Paging Dagney Taggert, Call on line one!.........
Tank cars ?
It won’t take long — perhaps after the first oil train derailment — before the Obama administration declares shipping oil in tank cars to be too hazardous for railroads to engage in without further governmental regulation.
And then the feds will enact regulations that all-but bans the shipment of oil by rail — making the rules and regs so onerous that the railroads will find it easier to refuse such shipments, rather than handle them...
So much oil, not enough pipeline, so much oil that it is selling at a discount - yet gas and diesel prices keep climbing.
Makes ya wonder...