Quote:
Originally Posted by Jackie S
http://www.nbcnews.com/news/investig...t-built-n59026
This is a pretty interesting article.
President Obama needs to decide whether he is going to allow the oil to be brought into and used in The United States, or sold to other Countrys such as China.
The Sierra Club is being a little naive. The Canadians are not going to just let all of that money stay in the ground. They will sell it to somebody, whether it is transported by pipeline, rail, or ship.
It would seem they would want it to stay in The USA, where we have much more stringent environmental laws, rather than go overseas.
But regardless, the crude will be sold to someone.
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Here's an update on what Odumbo's delay of the pipeline is costing Americans:
Crude oil is displacing other commodities on trains, critics charge
By Curtis Tate
McClatchy Washington Bureau April 10, 2014
"WASHINGTON — Grain producers, manufacturers and coal shippers told federal regulators Thursday that rail service has deteriorated drastically in the nation’s midsection in recent months, leaving crops in piles on the ground and fuel stocks low at electric power plants as resources go undelivered.
"Railroad representatives told the federal Surface Transportation Board that a brutal winter, combined with a record grain harvest, was to blame for the delays, but the industry’s critics charge that their shipments are taking a side track to crude oil.
"Railroads moved virtually no crude oil just a few years ago, but a surge in production in North Dakota’s Bakken shale region has strained rail capacity in the Midwest.
"It’s putting the squeeze on farmers who rely on rail to turn their crops into cash and delaying passengers on Amtrak’s Empire Builder between Chicago and the Northwest, several witnesses testified."
Read more here:
http://www.mcclatchydc.com/2014/04/1...#storylink=cpy
