Skip to comments.Train Carrying Oil Derails and Explodes
Posted on 07/06/2013 11:43:19 AM PDT by fella
The center of a Quebec town has been wiped out, according to the mayor, after a freight train carrying crude oil derailed and exploded in a fireball at 1am on Saturday. About 30 buildings were destroyed and 60 people are believed to be missing, but the force of the fire has prevented rescue workers from searching for survivors. Parts of the town were . . .
(Excerpt) Read more at dailymail.co.uk ...
And the Keystone pipe line is unsafe due to possibe spills and certainly rail is much better. (sarc)
The Montreal Maine & Atlantic train did not have a driver and was being run on autopilot.
The train's conductor had parked the train outside the train and got off it as he
waited for someone to take over his shift, when it somehow 'got released', the
railway company's vice-president Josephy R. McGonigle said.
To all- please ping me to Canadian topics.
This is precisely why Obunga fights Keystone pipeline; to line Buffet’s pockets, with appropriate under the radar rewards for O in the Caymans or elsewhere, since Buffet owns the stateside portion of the RR.....And also to leave the RRs exposed as sitting ducks for terrorism, as this incident very probably was.
Apparently not but Buffett’s BNSF has transit rights on 8,000 miles of Canadian track. BNSF can operate their own trains with U.S. crews on these rails.
Thanks for the info!
And a pipeline of hundreds of miles of needed protection is different? By in large terrorism is a absurdly small threat to be concerned about in relation to things like that.
Accidents/negligence happens in all forms of transportation.
Better to kill humans than bother an owls nesting habits. Besides, there are too many humans.
Pipelines are buried over 3 feet deep.
Not in all locations.
How old is the Alaska pipeline now?
Other than a drunk shooting at it, what have been the mega crises with it?
Stopping the Keystone pipeline is about keeping Warren Buffet and his investors in business transporting shale crude by rail.
Another terrorist attack.. Chinese may have funded it
Amost 40 years old. easily
Secondly, pipeline accident/negligence do happen as well. Explosions always get the enviros stirred up.
Interesting, it doesn't take much reading between the lines to see the environmental opposition is being used to keep the Keystone pipe line and Canadian tar sands oil out of our markets in favor of domestically produced shale oil and railroads.
You’re entitled to your opinion,
I smelled a rat when I read that the crude oil EXPLODED. Crude oil, of its own volition, doesn’t explode. It takes the introduction of a source of ignition.
They also say...
“the railway company’s vice-president Joseph McGonigle said.
‘We’re not sure what happened, but the engineer did everything by the book. He had parked the train and was waiting for his relief,’ “
They may want to rewrite the book.
The book sounds like a union labor manual. You must not exceed work time or effort outlined in labor agreement. Wouldn't be prudent.
Keep reading between those lines. Eastern refineries have traditionally unloaded oil from tankers, because there were few crude oil pipelines to their locations. Now, trainloads of light, sweet crude are going to those refineries rather than tankerloads, and that is the reason the split in price between Brent crude and WTI has gone from over 20 dollars to less than ten. Our oil is competing with imports because it can get to the refineries by rail.
OMG! The Amish or FLQ are BACK!/s
Buffett saw (as did others) an opportunity to make money. Ship the oil by rail to refineries which were paying Brent rates for imported oil ($20 above WTI), buy Bakken oil cheaper--or better yet own a chunk of the major rail lines through the region--and the refineries get oil a little cheaper, producers get more for their product, and the shippers and brokers make money in the middle--all without raising any prices overall.
The Keystone XL will still take the heavy Athabascan 'Tar Sands' crude south to refineries which were refining the oil from Venezuela, the trains take oil to refineries which were refining arab light and Brent.
So, who wins?
Oil service companies, and those others in producing regions (of the US)
The eastern refineries, and some out west, too (happening/developing).
The US (lower trade deficit for oil).
The railroads, of which BNSF is a primary carrier.
Those locals who spent the money to develop railcar loading facilities for oil.
Buffett just bought stock in one of the companies key to making the whole thing happen.