Posted on 01/15/2014 3:09:22 AM PST by thackney
wasn’t Warren buying railroad stock as soon as Obama was elected?
what a coinky dink
While not all are owned that way, keep in mind these oil trains are often replacing pipeline. The same cars are dedicated to the same pickup and delivery and run non-stop.
Also dry freight doesn’t worry about contamination from the previous load. They need to be sure what they load in and out.
Sorry, I forgot one more piece.
From the following article:
Rail customers, like oil companies, buy or lease the tank cars that they use to ship their products.
Remember the Keystone Pipeline? Don’t you get a feeling there is an effort by the Carbon Nuts to pinch off our distribution of domestic oil production? Michael Whatley thinks so:
Michael Whatley, executive vice president of Consumer Energy Alliance, an industry-backed group that supports Keystone, said more rail accidents can be expected with the increased use of trains to carry oil to market.
Trains need to be a supplement, not a replacement for pipelines, Whatley said. While both forms of transportation are safe, we need expanded pipeline infrastructure, he said.
Here is an article that gives a picture of what’s going on in the pipeline vs rail debate:
We would have the Keystone Pipeline if it were not for the “regulatory tyranny” going on in this country. In my opinion, the pipeline is safer because they go though less populated areas, unlike trains.
You can make the train only so safe. The Casselton, North Dakota incident may have happened because of a broken axle. How do we prevent against those types of failures? Making the tank cars more resistant to punctures will be expensive and there is no guarantee such efforts will prevent all explosions. There is always the possibility of terrorist activity too. We can only be so safe and then we try to live with the things that happen out of our control. Those who play on our fears are doing so because of an agenda. The agenda is to limit our use of fossil fuels. The Regime is doing everything it can through “regulatory tyranny” to do so.
One more reason for rail companies to improve their equipment: if they don’t, their insurance costs will go up. And, insurance companies will demand that the rail companies make their equipment more reliable, or they will lose their insurance coverage. You wouldn’t want to risk a huge lawsuit without insurance coverage. When the Obama Regime gets their regularity hands into the problem, I would suspect their agenda to limit fossil fuel production. Don’t you?
While the Keystone XL would carry some domestic production, the large majority of it would be Canadian imported oil/bitumen. Of course I would rather import more from Canada and less from OPEC.
“or they perceive it will lessen their exposure to lawsuits”
We have a consensus.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.