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Hey OT, I know why you've been seeing all those trains

hypocritexposer

Well-known member
obama's EPA, is paying them to go back and forth, without unloading. :lol: :lol:


Gave out $$billions through the stimulus program and then he told the regulators to take an 8 year coffee break :lol2:


One train engineer job, "saved, or created" :eek:

A cargo train filled with biofuels crossed the border between the US and Canada 24 times between the 15th of June and the 28th of June 2010; not once did it unload its cargo, yet it still earned millions of dollars. CBC News of Canada was the first to pick up on this story on the 3rd of December 2012, and began their own investigation into the possible explanations behind this odd behaviour.

CN Rail, the operator of the train, stated their innocence in the matter as they had only “received shipping directions from the customer, which, under law, it has an obligation to meet. CN discharged its obligations with respect to those movements in strict compliance with its obligations as a common carrier, and was compensated accordingly.” Even so, they still managed to earn C$2.6 million in shipping fees.

The cargo of the train was owned by Bioversal Trading Inc., or its US partner Verdero, depending on what stage of the trip it was at. The companies “made several million dollars importing and exporting the fuel to exploit a loophole in a U.S. green energy program.” Each time the loaded train crossed the border the cargo earned its owner a certain amount of Renewable Identification Numbers (RINs), which were awarded by the US EPA to “promote and track production and importation of renewable fuels such as ethanol and biodiesel.” The RINs were supposed to be retired each time the shipment passed the border, but due to a glitch not all of them were. This enabled Bioversal to accumulate over 12 million RINs from the 24 trips, worth between 50 cents and $1 each, which they can then sell on to oil companies that haven’t met the EPA’s renewable fuel requirements.

http://oilprice.com/Latest-Energy-News/World-News/Why-did-a-Train-Carrying-Biofuel-Cross-the-Border-24-Times-and-Never-Unload.html
 

Soapweed

Well-known member
What a bunch of dumb @#$%^&*! that are in charge. This should be punishable with bigtime prison sentences right up through the ranks to, and including Obama.
 
A

Anonymous

Guest
hypocritexposer said:
obama's EPA, is paying them to go back and forth, without unloading. :lol: :lol:


Gave out $$billions through the stimulus program and then he told the regulators to take an 8 year coffee break :lol2:


One train engineer job, "saved, or created" :eek:

A cargo train filled with biofuels crossed the border between the US and Canada 24 times between the 15th of June and the 28th of June 2010; not once did it unload its cargo, yet it still earned millions of dollars. CBC News of Canada was the first to pick up on this story on the 3rd of December 2012, and began their own investigation into the possible explanations behind this odd behaviour.

CN Rail, the operator of the train, stated their innocence in the matter as they had only “received shipping directions from the customer, which, under law, it has an obligation to meet. CN discharged its obligations with respect to those movements in strict compliance with its obligations as a common carrier, and was compensated accordingly.” Even so, they still managed to earn C$2.6 million in shipping fees.

The cargo of the train was owned by Bioversal Trading Inc., or its US partner Verdero, depending on what stage of the trip it was at. The companies “made several million dollars importing and exporting the fuel to exploit a loophole in a U.S. green energy program.” Each time the loaded train crossed the border the cargo earned its owner a certain amount of Renewable Identification Numbers (RINs), which were awarded by the US EPA to “promote and track production and importation of renewable fuels such as ethanol and biodiesel.” The RINs were supposed to be retired each time the shipment passed the border, but due to a glitch not all of them were. This enabled Bioversal to accumulate over 12 million RINs from the 24 trips, worth between 50 cents and $1 each, which they can then sell on to oil companies that haven’t met the EPA’s renewable fuel requirements.

http://oilprice.com/Latest-Energy-News/World-News/Why-did-a-Train-Carrying-Biofuel-Cross-the-Border-24-Times-and-Never-Unload.html

Knowing the dysfunctional way the railroad operates- this could/and does happen even when their is no money to be made...
If its proven it was done for financial gain- the owner and CN rail should be charged with fraud...
 

Big Muddy rancher

Well-known member
Oldtimer said:
hypocritexposer said:
obama's EPA, is paying them to go back and forth, without unloading. :lol: :lol:


Gave out $$billions through the stimulus program and then he told the regulators to take an 8 year coffee break :lol2:


One train engineer job, "saved, or created" :eek:

A cargo train filled with biofuels crossed the border between the US and Canada 24 times between the 15th of June and the 28th of June 2010; not once did it unload its cargo, yet it still earned millions of dollars. CBC News of Canada was the first to pick up on this story on the 3rd of December 2012, and began their own investigation into the possible explanations behind this odd behaviour.

CN Rail, the operator of the train, stated their innocence in the matter as they had only “received shipping directions from the customer, which, under law, it has an obligation to meet. CN discharged its obligations with respect to those movements in strict compliance with its obligations as a common carrier, and was compensated accordingly.” Even so, they still managed to earn C$2.6 million in shipping fees.

The cargo of the train was owned by Bioversal Trading Inc., or its US partner Verdero, depending on what stage of the trip it was at. The companies “made several million dollars importing and exporting the fuel to exploit a loophole in a U.S. green energy program.” Each time the loaded train crossed the border the cargo earned its owner a certain amount of Renewable Identification Numbers (RINs), which were awarded by the US EPA to “promote and track production and importation of renewable fuels such as ethanol and biodiesel.” The RINs were supposed to be retired each time the shipment passed the border, but due to a glitch not all of them were. This enabled Bioversal to accumulate over 12 million RINs from the 24 trips, worth between 50 cents and $1 each, which they can then sell on to oil companies that haven’t met the EPA’s renewable fuel requirements.

http://oilprice.com/Latest-Energy-News/World-News/Why-did-a-Train-Carrying-Biofuel-Cross-the-Border-24-Times-and-Never-Unload.html

Knowing the dysfunctional way the railroad operates- this could/and does happen even when their is no money to be made...
If its proven it was done for financial gain- the owner and CN rail should be charged with fraud...

Why CN? They were hired to do what the do best run a railroad. If they were hauling a illegal substance and knew that would be different.
 

hypocritexposer

Well-known member
joe_biden_25.jpg
 

hypocritexposer

Well-known member
So, all jokes aside, ...I decided to do some "surfing", to follow the money

train1.png

http://www.florida-annual-report.com/bioversel-trading-inc.html


train2.png



train3.png



train4.png



train6.png



train7.png


http://amlawdaily.typepad.com/amlawdaily/2010/06/oil-spill-lawyers.html


Obama tied to lobbyists, but boasts of not taking money
Updated 4/16/2008



Obama fundraisers who work for law firms that lobby and share the fees include:

•Allan Katz, a Florida lawyer who chairs the government relations practice of Akerman Senterfitt. The firm took in $3.6 million for Washington lobbying last year, according to public records compiled by the non-partisan Center for Responsive Politics. The firm touts on its website "an enviable level of access" for clients.

http://usatoday30.usatoday.com/news/politics/election2008/2008-04-15-obama_N.htm
 

hypocritexposer

Well-known member
habnut said:
The CBC was the first to report this? Probably hoping there is a connection to PM Stephen Harper.


I should let them know what I found out.

Do they not have an real investigative journalists.

Took me longer to copy and paste the information and links, than it did to find the actual webpages.

What's Glenn Beck's email? :D
 

Big Muddy rancher

Well-known member
hypocritexposer said:
habnut said:
The CBC was the first to report this? Probably hoping there is a connection to PM Stephen Harper.


I should let them know what I found out.

Do they not have an real investigative journalists.

Took me longer to copy and paste the information and links, than it did to find the actual webpages.

What's Glenn Beck's email? :D

http://www.cbc.ca/contact/
 
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