Skip to comments.Report: US Energy Secretary Favors Reducing Oil Shipped By Rail
Posted on 02/19/2014 10:30:50 AM PST by thackney
U.S. Energy Secretary Ernest Moniz supports reducing the amount of crude oil shipped by rail in favor of pipelines that are safer, cheaper and cleaner, Capital New York reported on Wednesday.
"What we probably need is more of a pipeline infrastructure and to diminish the need for rail transport over time," he said in an interview published on the Capital New York website.
He said the infrastructure is "not there" to handle the surge in North Dakota Bakken oil production from near zero to 1 million barrels per day (bpd).
"Frankly, I think pipeline transport overall probably has overall a better record in terms of cost, in terms of emissions and in terms of safety."
A Department of Energy spokesman was not immediately available to provide more detail on Moniz's comments.
His comments are among the first by a senior Obama Administration official to signal an apparent preference for shipping oil from places like the Bakken shale by means other than rail lines, in the wake of a series of explosive derailments that have alarmed the public.
(Excerpt) Read more at rigzone.com ...
If true Grampa Warren ain’t gonna like it.
Kind of hard to evaluate this...
Need to see the Government’s Five Year Plan.
“Mr. President, there’s a call for you. Mr. Buffett wants to speak with you about Secretary Moniz.”
a trial balloon to see if the Keystone XL could be sold to their base without cutting off the money?
Is this a joke?
With Obama sitting on the no-brainer Keystone pipeline decision to keep the money pouring in from the tree and bunny crowd, this rube thinks more should be shipped by pipeline? Can’t make this stuff up.
The money flows best, on either side, as long as their remains a possibility of approval.
Carrot on both ends of the stick.
Great ploy, tough balancing act. Betin the panties in a wad liberals balk first, not even counting Daddy Warbucks from Omaha.
Tell that to your dumba$$ president.
The oil that they want to prevent from being shipped is oil from the Bakken fields to west coast refineries.
Part of the problem is the fact that the administration is pushing increased coal trains for the same rails. With coal trains running at the rate of one and hour to the far Northwest, and more in the Eastern part of WA.
The part of the problem with the oil train traffic is that the RRs bear a very small portion of the liability in the case of an accident or explosion. Tax payers foot the bill for train accidents because that’s the way its always been.
The government is preparing to give in to Enviros on the oil trains to try to make up for the coal trains.