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Flash Point: New Oil-by-Rail Rules
American Magazine, by Kenneth P. Green

Original Article

Posted By:EagleBlurst, 8/20/2014 10:18:31 AM

On July 6, 2013, a train carrying crude oil from the Bakken formation in North Dakota exploded in the middle of Lac-Mégantic, a small town in the Canadian province of Quebec. The incident was genuinely catastrophic, killing 47 people, and destroying half the town center. The derailment and explosion was the fourth-deadliest rail accident in Canadian history. Naturally, the Lac-Mégantic disaster set off a firestorm of protest, aimed at railroads, government, and the oil boom that is revolutionizing oil markets in the United States – the tremendous gusher coming from the Bakken formation, a gas-and-oil bearing shale formation that stretches

      


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Reply 1 - Posted by: Nevadadad46, 8/20/2014 10:31:24 AM     (No. 9973406)

Once again, regulation to cut the human factors out of technology at great expense with little actual benefit. Our so-called "captains of safety" lunge toward the fully automated, robotic systems that now fly our airliners, which still drop out of the sky for previously undetected human involvement. Each accident garners more technological means of eliminating the human factor. Why?

Let me guess. No one has the ability anymore to fire incompetent, slovenly, do-nothing employees or, for that matter, potentially dangerous employees. Who needs to fight the unions, the lawyers, the government job protection regulations. Instead, just slowly remove the human being employees with technology that should "protect us".

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Reply 2 - Posted by: eoddad, 8/20/2014 10:32:17 AM     (No. 9973408)

Warren Buffet owns many railroad cars that carry crude. A pipeline would end his good deal.


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Reply 3 - Posted by: Rumblehog, 8/20/2014 11:09:45 AM     (No. 9973454)

Rail is the most dangerous means of transport of oil or chemicals.
The Soros funded tree worshippers are so intent on preventing a low-cost to operate, environmentally friendly pipeling from being built that hundreds or more will die to prevent the proper thing from being done.
There are thousands of pipelines in this country coast to coast otherwise California would have not energy. Nobody complains about what´s already there, however.

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Reply 4 - Posted by: mickturn, 8/20/2014 11:44:58 AM     (No. 9973537)

Warren Buffet, the RR Maven in Obie´s pocket had no comment...BUILD THE PIPELINE MORONS!

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Below, you will find ...

Most Recent Articles posted by "EagleBlurst"

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Most Active Articles (last 48 hours)




Most Recent Articles posted by "EagleBlurst"



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Posted By: EagleBlurst- 9/29/2014 11:07:21 AM     Post Reply
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Posted By: EagleBlurst- 9/24/2014 12:06:18 PM     Post Reply
It´s all so easy if you´re a farmer. Genetically modified seeds are nothing more than the latest improvement to the seeds we plant, and goodness knows, we’ve bought many new technologies in the past century or so, from mechanization and hybridization to chemical fertilizers and chemical herbicides. No technology has been as rapidly adopted as genetically modified seeds. More than 90 percent of the corn and soybean acres in the United States are planted with GM seeds. On our farm in northern Missouri, GM seeds have allowed us to cut erosion because they work well with no till farming; they’ve

   

 

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Posted By: EagleBlurst- 9/22/2014 1:20:39 PM     Post Reply
Although much of the recent news from Africa has focused on deadly viruses, violent terrorists, and kidnapped teenage girls, there is good news that is getting less media coverage: since the late 1990s, the economy of sub-Saharan Africa, considered as a whole, has been growing at more than 5 percent a year, and most analysts believe it will grow at that rate or higher in the next few years. Although sub-Saharan Africa’s share of world exports of goods and services remains minuscule (about 2 percent), that percentage is about the same as that of India, a card-carrying BRIC with a

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Posted By: eagleblurst- 9/19/2014 9:35:14 AM     Post Reply
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Most people think that college tuition is too high, and many presidents of private colleges agree with that sentiment and would like to cut their tuition. However, they cannot legally do so, at least not in a way that would be beneficial for them — which would be for a large group of private colleges to jointly reduce tuition. By law, such a move would constitute price fixing, even though a conspiracy to reduce prices would be a boon for customers. When the law forces a nonsensical result onto society, it’s time to change the law. Congress should give permission for

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Posted By: EagleBlurst- 9/15/2014 12:48:59 PM     Post Reply
Today, special operations forces are arguably more valued than at any point in U.S. history, and their responsibilities are increasing. But as defense spending is cut and as SOF cooperate more closely with conventional forces, military leaders must be careful to define each force´s role and to preserve their strengths. Personnel-wise, special operations forces fared relatively well during the Pentagon’s recent budget cuts: the 2014 Quadrennial Defense Review authorizes additional manpower increases for US Special Operations Command (USSOCOM). If the recommendations of the QDR are implemented, the command’s manpower levels will have risen 22 percent since 2008 — the height of

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Posted By: eagleblurst- 9/12/2014 10:20:12 AM     Post Reply
As another Labor Day fades away along with the summer, American workers — and their employers — have at least one thing to be thankful for: the growing prevalence of telecommuting. The percentage of American employees working from home has nearly doubled over the last decade as technological improvements and evolving perceptions of the workplace have at once empowered workers to seek greater flexibility and licensed their bosses to grant it. Challenges abound, but the trajectory is plain. This argument, I freely admit, is somewhat self-serving: this year, I am living abroad and working on behalf of my clients in the United

   

 

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Posted By: EagleBlurst- 8/22/2014 11:24:49 AM     Post Reply
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Flash Point: New Oil-by-Rail Rules
American Magazine, by Kenneth P. Green    Original Article
Posted By: EagleBlurst- 8/20/2014 10:18:31 AM     Post Reply
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‘The American Banking System Might
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Posted By: EagleBlurst- 8/18/2014 9:14:16 AM     Post Reply
How good is the human group mind at financial memory? Pretty bad. For example, consider this really striking bit of history: “The then Federal Reserve Chairman made a phone call to the Bank of Japan Governor on that critical Friday night (Saturday in Japan) in August of that year.” The chairman’s “first words were that the American banking system might not last until Monday. The crisis was that serious.” Financial history quiz: Which year was that? What was the crisis? Who was the Federal Reserve chairman making such an extreme statement? Hint: our most recent financial crisis, which started in

100 Years of the Panama Canal
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Posted By: EagleBlurst- 8/15/2014 10:52:37 AM     Post Reply
On August 15, 1914, the world was fixated on the dramatic first month of World War I, as the German army raced towards Paris and the fate of Europe hung in the balance. But on that day, half a world away, a ship named the SS Ancon became the first vessel to officially transit the Panama Canal — and the canal was opened for business. It had been 401 years since Balboa had first crossed the Isthmus in 1513 and “stared at the Pacific ... Silent, upon a peak in Darien.” For most of that time, a water route across Panama

   

 

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