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The new oil crisis: exploding trains
Politico, by Kathryn A. Wolfe and Bob King

Original Article

Posted By:Fiesta del sol, 6/18/2014 9:16:13 AM

Communities throughout the U.S. and Canada are waking up to the dark side of North America’s energy boom: Trains hauling crude oil are crashing, exploding and spilling in record numbers as a fast-growing industry outpaces the federal government’s oversight. In the 11 months since a runaway oil train derailed in the middle of a small town in Quebec, incinerating 47 people, the rolling virtual pipelines have unleashed crude oil into an Alabama swamp, forced more than 1,000 North Dakota residents to evacuate, dangled from a bridge in Philadelphia and smashed into an industrial building near Pittsburgh. The latest serious accident was

Comments:
If only there was a way to transport oil underground....in a sealed pipe.

      


Post Reply  

Reply 1 - Posted by: alpha91c, 6/18/2014 9:22:45 AM     (No. 9890507)

Doesn´t one of Obama´s billionaire buddies own a couple of railroads, and owns the company that makes tank cars to transport oil? Could that be why he will not allow the keystone pipeline to be built

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Reply 2 - Posted by: enuf8, 6/18/2014 9:24:13 AM     (No. 9890513)

Protecting Buffet´s investment. Canada has just approved the pipeline to the Coast for shipment to Asia because of all of the months waiting for "the won" to sign off on the KeyStone.
He screwed that up, too!

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Reply 3 - Posted by: oldbuffalo, 6/18/2014 9:24:22 AM     (No. 9890514)

Yes, that would be Mr. Warren Buffet, if I recall correctly.

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Reply 4 - Posted by: zephyrgirl, 6/18/2014 9:50:24 AM     (No. 9890551)

If BO approves the Keystone pipeline, it will make Buffet (owner of BNSF Railroad) and Steyer (big bucks enviro-nazi donor) mad. Not approving makes the unions mad, but so what? Those jobs are only temporary construction jobs according to The Won.



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Reply 5 - Posted by: noparallel, 6/18/2014 9:55:07 AM     (No. 9890555)

Exploding trains sounds like the work of ELF, Environment Liberation Front.

Where are the federal investigations?

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Reply 6 - Posted by: altoona, 6/18/2014 10:01:21 AM     (No. 9890561)

Where are the Republican leaders demanding the Keystone Pipeline? Did Tom Steyer´s billions or Buffett´s billions or the Middle East oil lobby´s billions or China buy them off too?

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Reply 7 - Posted by: antiquegolf, 6/18/2014 10:28:26 AM     (No. 9890595)

Yes, poster one. Buffett owns the UnionTank Car Company. Maybe Buffett isn´t too anxious for that news to get around, as the "Berkshire Hathaway Company" notation was removed from the UTLX homepage.

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Reply 8 - Posted by: BaseballFan, 6/18/2014 10:35:16 AM     (No. 9890610)

Buffett´s Berkshire Holdings also owns a "little" rail line known as the Burlington Northern Santa Fe.


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Reply 9 - Posted by: MattMusson, 6/18/2014 10:44:20 AM     (No. 9890627)

Little Known Fact: Oil trains are clogging the rails and US farmers cannot ship all their grain to markets. One BIG reason food costs have jumped.

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Reply 10 - Posted by: oh-heck, 6/18/2014 11:42:01 AM     (No. 9890728)

Virtually all this mess can be laid at the feet of government. The cheapest was to get oil to east coast or west coast refineries, is by ship. The Jones Act stands in the way. The next cheapest alternative is pipeline, but when it crosses an International boundary, Obama blocks the way. You could create a trade where you swap TX oil for Libyan or Ethiopian oil delivered to NY, but that takes an export license. So, the next option is the unit train. All 100 cars remain a unit from shipping point to destination. This is cheaper and safer than dividing the cars among 4 trains. The growth in unit trains will result for the need for new cars which will be built to better handle derailment. The real solution is to repeal the Jones Act and the oil export rules.

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