Well, That Tears It... We MUST Build The Pipeline...

[WillyT]

Bakken oil safety warning issued by federal government
By: Patti Domm | CNBC Executive News Editor
Published: Thursday, 2 Jan 2014 | 1:23 PM ET

?v=1388687102

<snip>

Following this week's fiery train crash in North Dakota, federal regulators on Thursday issued a safety alert that crude oil being transported from the Bakken region, which stretches through swaths of North Dakota and Montana, may be more flammable than traditional heavy crude.

The Pipeline and Hazardous Materials Safety Administration said it issued the alert to notify the public, emergency responders, shippers and carriers as a result of its preliminary inspections after recent train derailments and resulting fires in North Dakota, Alabama and Canada.

The most serious of these derailments was in Lac-Megantic, Quebec, where last July a runaway train speeded for seven miles into the town and crashed into a nightclub, killing dozens. Part of the Department of Transportation, the PHMSA said it is reinforcing the requirement that hazardous materials be properly tested, characterized, classified and where necessary, degasified.

About 700,000 barrels per day of Bakken crude is carried by rail—a fast-growing, flexible alternative to pipelines for transporting the landlocked oil to the Gulf Coast and East and West Coast refineries. A total 900,000 barrels a day of crude moved by rail in North America during the third quarter, according to IHS.

The hazards of rail shipping are expected to give more weight to the argument for pipelines, including the controversial Keystone XL pipeline, under review by the State Department. That pipeline would carry crude from the Canadian sands to a southern extension that would bring it into the Gulf Coast refining region.

The pipeline agency, along with the Federal Railroad Administration, said...

<snip>

More: http://www.cnbc.com/id/101306310

[legcramp]

1. Good luck with that.

Warren Buffett and Bill Gates own huge chunks of those railroads. They didn't buy in to lose money.

[marble falls]

2. Screw the pipeline, too.

[WillyT]

3. I Hope Y'all Know I Was Being Sarcastic...

[marble falls]

4. 90% certain you were, just wanted to say it anyways. I say it whenever possible.

[woo me with science]

5. And the corporate juggernaut rolls on...

Corrupt to the core.