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ENVIRONMENTALISTS SUE OVER CRUDE-BY-RAIL

hypocritexposer

Well-known member
So, in a round about way, Soros is suing to stop Buffett's railways from shipping oil

:lol:



ENVIRONMENTALISTS SUE OVER CRUDE-BY-RAIL
Breitbart ^ | 9-15-2014 | WILLIAM BIGELOW

Posted on 9/15/2014, 9:45:16 PM by Citizen Zed

The environmental group Earthjustice, funded by George Soros and joined by the Sierra Club and ForestEthics, is suing the U.S. Department of Transportation (DOT) in order to prevent crude oil from North Dakota’s Bakken formation to be moved to California.

The suit is reportedly in reaction the Kern County Board of Supervisors’ approval last Tuesday of Alon USA Energy's plan to expand the rail terminal at its Bakersfield, CA refinery. The expansion of the terminal would create the state’s largest crude-by-rail facility and allow the terminal to import five times as much crude oil by train as it already does, Earthjustice is also claiming that the state’s railroad bridges, which help transport the crude oil and are owned by private companies, are unsafe. Earthjustice asserts that railroad cars called DOT-111s, which carry oil, are antiquated, and has asked the DOT to issue an emergency order to stop the DOT-111s from carrying the oil.

Although the DOT has plans to replace the DOT-111’s, a lawyer for Earthjustice, Patti Goldman, told public radio station KQED, “They would still allow these railcars to be shipping crude oil and hazardous materials for about four more years. And that’s just too long to expose the public to these types of risks.”

http://www.breitbart.com/Breitbart-California/2014/09/15/Environmentalists-Sue-over-Crude-by-Rail
 

Faster horses

Well-known member
No trains, no pipelines. It's a war on OIL...and on the people... :x

This could put the organizer-in-chief between a rock and a hard spot.
His buddies Soros and Buffet at odds. Who'd have thunk it? :shock:

Interesting.
 
A

Anonymous

Guest
The world saves $5 billion a day from U.S. shale

Posted by: Shane Thielges

September 15, 2014

World oil prices would be hovering around $150 a barrel right now if it weren’t for the U.S. shale boom, Quartz reports.

Despite ongoing tensions in oil-producing countries like Russia, Iraq and Libya, the price of a barrel of oil was about $96 this morning. That’s about $50 less than the world would’ve been forced to pay if the United States did not produce oil from its shale plays, former BP CEO Tony Hayward says.


Global oil consumption is about 92 million barrels a day. The U.S. produces 8.5 million per day, 3 of which are from shale wells drilled within the past few years. If that supply – and an additional million barrels a day from Canadian wells drilled in the same time period – were not available, the world’s supply would fall short, driving prices up in a frenzied competition.

Worldwide, the lower price saves companies $5 billion every day.

A series of unusual market disruptions started in 2011 when the Arab Spring protests interrupted oil production in several Middle Eastern countries. Ensuing instances of violence and political upheaval have periodically disrupted production since that time. Hayward’s figure assumes a world in which the hydraulic fracturing boom never existed to offset these losses.

The estimated $150 price tag agrees with a similar study conducted last May by IHS Energy.
 

Mike

Well-known member
Oldtimer said:
The world saves $5 billion a day from U.S. shale

Posted by: Shane Thielges

September 15, 2014

World oil prices would be hovering around $150 a barrel right now if it weren’t for the U.S. shale boom, Quartz reports.

Despite ongoing tensions in oil-producing countries like Russia, Iraq and Libya, the price of a barrel of oil was about $96 this morning. That’s about $50 less than the world would’ve been forced to pay if the United States did not produce oil from its shale plays, former BP CEO Tony Hayward says.


Global oil consumption is about 92 million barrels a day. The U.S. produces 8.5 million per day, 3 of which are from shale wells drilled within the past few years. If that supply – and an additional million barrels a day from Canadian wells drilled in the same time period – were not available, the world’s supply would fall short, driving prices up in a frenzied competition.

Worldwide, the lower price saves companies $5 billion every day.

A series of unusual market disruptions started in 2011 when the Arab Spring protests interrupted oil production in several Middle Eastern countries. Ensuing instances of violence and political upheaval have periodically disrupted production since that time. Hayward’s figure assumes a world in which the hydraulic fracturing boom never existed to offset these losses.

The estimated $150 price tag agrees with a similar study conducted last May by IHS Energy.

So..........now you're for using up our natural resources and for the "Off Shore" companies saving money? :roll:
 

Steve

Well-known member
Faster horses said:
No trains, no pipelines. It's a war on OIL...and on the people... :x

This could put the organizer-in-chief between a rock and a hard spot.
His buddies Soros and Buffet at odds. Who'd have thunk it? :shock:

Interesting.

well the wacko liberals OT and LJ voted for have been winning the war on coal.. so why not expand it to include the war on oil..
 

Steve

Well-known member
Promise Made, Promise Kept: “Electricity Rates Would Necessarily Skyrocket” -

This morning, the Obama administration will announce new EPA rules that will keep the president’s infamous promise that “electricity rates would necessarily skyrocket.” The promise was so clear, so brazen, that it’s worth taking another look.

The president’s plan would indeed cause a surge in electricity bills – costs stand to go up $17 billion every year. But it would also shut down plants and potentially put an average of 224,000 more people out of work every year. It's a sucker punch for families everywhere paying more for just about everything in the president’s fragile economy.

http://www.speaker.gov/video/promise-made-promise-kept-electricity-rates-skyrocket

we get a letter every month asking us to install cutouts on our A/C units and heat pumps as the existing coal plant is slated to shut down.. and the natural gas line needed to convert one of the three units to NG is stalled by the enviro wackos..

thanks to a mild summer we didn't have brown outs.. but the electric company folk know it is just a matter of time..
 

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