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More train problems for OT

A

Anonymous

Guest
ranch hand said:
http://www.ktvq.com/news/train-derailment-reported-near-terry/

You missed the one yesterday near Saco-- 10 cars carrying auto's went off the switch track...

No problem for me... The railroad will continue to make a profit for their movement of products..
Just an added expense to the country and the consumer when they don't get their products or they are late or damaged.. And the shipping costs raise to compensate for the costs of the derailment and track repair...
 

ranch hand

Well-known member
But. but your shares might go down. Seems like old Warren better take some of his money and repair some tracks. But I guess it matters if you are right or left if you get to keep your money and not give a little bit more. :mad:
 

Big Muddy rancher

Well-known member
Oldtimer said:
ranch hand said:
http://www.ktvq.com/news/train-derailment-reported-near-terry/

You missed the one yesterday near Saco-- 10 cars carrying auto's went off the switch track...

No problem for me... The railroad will continue to make a profit for their movement of products..
Just an added expense to the country and the consumer when they don't get their products or they are late or damaged.. And the shipping costs raise to compensate for the costs of the derailment and track repair...


Just an added expense to the country and the consumer when they don't get their products

XL pipeline could lower some of those costs. :?
 

Mike

Well-known member
Twenty-one of the BNSF cars caught on fire during the accident, which followed another high-profile oil-by-rail accident last year in Canada.

DeFazio said on Tuesday that it was time for Congress to step up its investigation of the oil freight rail industry.

“The recent derailment and resulting fire on a train carrying crude oil near Casselton, North Dakota, is just the latest in a string of accidents that call into question the safety of rail cars carrying hazardous materials,” the Oregon lawmaker wrote in a letter. “That’s why I am writing to request that the House Transportation and Infrastructure Committee hold a hearing as soon as possible to examine the safety of our nation’s rail cars, specifically DOT-111 tank cars that are used to transport crude oil.”

Advocates for the controversial Keystone XL oil pipeline have seized upon the recent rail crashes to argue that companies would be able to move hazardous materials around if the pipeline was built.

The Obama administration has resisted calls to build the Keystone pipeline thus far, citing environmental concerns.

DeFazio has opposed the construction of the Keystone pipeline, like most Democrats in Congress.

He said on Tuesday that oil freight rail systems could be made safer if trains were shortened.

“The number of carloads of oil being shipped by rail has increased dramatically in recent years as a result of increased oil production from the Bakken region; and, just last week, [the Pipeline and Hazardous Materials Safety Administration] issued preliminary guidance indicating “that the type of crude oil being transported from the Bakken region may be more flammable than traditional heavy crude oil,” DeFazio wrote. “Despite a significant increased in the number of shipments and the likelihood that shipments are more hazardous than previously thought, the safety of the majority of the rail cars carrying these shipments has not increased.”

The Association of American Railroads (AAR), which lobbies for freight rail companies in Washington, has defended the safety of freight shipments in the U.S.

“Our nation’s freight rails, the large class ones, as well as the state, local and regional short ride railroads, every single day move millions and millions of tons of goods, produced by Americans businesses and consumed by Americans daily,” AAR President Ed Hemberger said in a video that was posted on the freight rail association’s website after the initial Canadian oil train crash.

“What we move, we move safely, and we have a great track record to prove it,” Hemberger continued. “But unfortunately, accidents do happen.”

The AAR has called for the Obama administration to launch a review of rail cars that carry oil and boost standards for labeling the contents that are being carried by the trains.

Read more: http://thehill.com/blogs/transportation-report/railroads/194693-dem-investigate-oil-carrying-train-derailments#ixzz2uMRXlNaB
Follow us: @thehill on Twitter | TheHill on Facebook
 
A

Anonymous

Guest
Big Muddy rancher said:
Oldtimer said:
ranch hand said:
http://www.ktvq.com/news/train-derailment-reported-near-terry/

You missed the one yesterday near Saco-- 10 cars carrying auto's went off the switch track...

No problem for me... The railroad will continue to make a profit for their movement of products..
Just an added expense to the country and the consumer when they don't get their products or they are late or damaged.. And the shipping costs raise to compensate for the costs of the derailment and track repair...


Just an added expense to the country and the consumer when they don't get their products

XL pipeline could lower some of those costs. :?


Yeah but the Nebraska NIMBY's have that stopped again... XL is talking about giving up fighting with Nebraska and totally rerouting it around Nebraska to avoid all the hassle- but that will take at least another year to reroute and study...
 

Mike

Well-known member
Crony Capitalism: Berkshire’s BNSF Allowed to Count Purchase Costs in Rates

« on: July 26, 2013, 02:08:05 AM »



Berkshire’s BNSF Allowed to Count Purchase Costs in Rates
25 July 2013, by Angela Greiling Keane (Bloomberg)
http://www.bloomberg.com/news/print/2013-07-25/berkshire-s-bnsf-allowed-to-count-purchase-costs-in-rates.html

Excerpt:

Warren Buffett’s Berkshire Hathaway Inc. (BRK/A) can count the $8.1 billion premium it paid to acquire Burlington Northern Santa Fe Corp. in the formula used to calculate prices for some shippers, a decision that may make it harder for some rail customers to challenge their rates.

The U.S. Surface Transportation Board, which regulates some rail rates, today ruled that Berkshire may count the premium from its 2009 purchase of BNSF by spreading those costs over seven years.

Shippers moving products, including coal, asked the regulator to prohibit the company from counting the premium in its cost base, saying Berkshire was unfairly trying to make them reimburse its expenses in the $26.5 billion BNSF acquisition.

The deal was the largest in Warren Buffett’s more than four decades as Berkshire’s chairman and chief executive officer.

Today’s ruling may make it harder for shippers of grain, coal and chemicals to challenge their rates, because the regulator’s decision allows railroads to show higher expenses than if they couldn’t build in the acquisition costs.

“It makes it harder to pursue rate cases, which are already very hard to win,” said Robert Szabo, an attorney with VanNess Feldman in Washington who represents railroad customers.

Shippers known as captive, who are only served by one railroad, can challenge their rates with the STB through a process they consider lengthy and expensive.
 

loomixguy

Well-known member
Oldtimer said:
Big Muddy rancher said:
Oldtimer said:
You missed the one yesterday near Saco-- 10 cars carrying auto's went off the switch track...

No problem for me... The railroad will continue to make a profit for their movement of products..
Just an added expense to the country and the consumer when they don't get their products or they are late or damaged.. And the shipping costs raise to compensate for the costs of the derailment and track repair...


Just an added expense to the country and the consumer when they don't get their products

XL pipeline could lower some of those costs. :?


Yeah but the Nebraska NIMBY's have that stopped again... XL is talking about giving up fighting with Nebraska and totally rerouting it around Nebraska to avoid all the hassle- but that will take at least another year to reroute and study...

A year? Total BS! I've been dealing for almost 2 years with a company who is dying to put up a tower on some ground I own. The first location was ruled unsuitable by the State Historical Society because it was too close to town, because God forbid, some tourist might walk out of one of the Willa Catheter historical houses and look up through all the damn trees and see a tower! Can't have that!
New location must be OK'd by 39 different entities before work can proceed. These entities include the FAA, State Historical Society, city, county, state, etc. They have drilled & taken core samples, the state archeologist has been there, utility companies, and the list goes on and on. All for a cell phone tower! God only knows what a pipeline would take!

We can thank Jane Kleeb and Bold Nebraska and the three landowners who filed the lawsuit plus the bleeding heart judge for stopping the XL in Nebraska.
Warren's trains will cause far more environmental impact than any pipeline ever could. Wait & see.
 

TexasBred

Well-known member
Oldtimer said:
ranch hand said:
http://www.ktvq.com/news/train-derailment-reported-near-terry/

You missed the one yesterday near Saco-- 10 cars carrying auto's went off the switch track...

No problem for me... The railroad will continue to make a profit for their movement of products..
Just an added expense to the country and the consumer when they don't get their products or they are late or damaged.. And the shipping costs raise to compensate for the costs of the derailment and track repair...

That would be Warren Buffets railroad and you can bet your ass he will pass it on to the customers. OT you need to check railroad "on time" deliveries. Cars don't get to their destination on time 1% of the time.
 
A

Anonymous

Guest
ranch hand said:
http://www.ktvq.com/news/new-rules-require-tests-on-bakken-crude-for-rail-shippers/


Yep- and several of the rail companies have voluntarily agreed to new speed limits concerning oil trains- which will raise the cost to the oil company shipping... The oil companies don't care as they just raise the price at the pumps-- the railroads like the additional incomes- and guess who has priority from the railroads then-- the higher income oil trains or the grain trains?... Last year without the restrictions and higher rates for oil- elevators were dumping grain on the ground...
Now with less grain demand- and ability to make more off oil trains- I can see even more of a hold up shipping grain...
 

Tam

Well-known member
Oldtimer said:
ranch hand said:
http://www.ktvq.com/news/new-rules-require-tests-on-bakken-crude-for-rail-shippers/


Yep- and several of the rail companies have voluntarily agreed to new speed limits concerning oil trains- which will raise the cost to the oil company shipping... The oil companies don't care as they just raise the price at the pumps-- the railroads like the additional incomes- and guess who has priority from the railroads then-- the higher income oil trains or the grain trains?... Last year without the restrictions and higher rates for oil- elevators were dumping grain on the ground...
Now with less grain demand- and ability to make more off oil trains- I can see even more of a hold up shipping grain...

This is an excellent reason to call your hero Obama an tell him to get busy approving the pipeline but nope the enviromentalists that pad the Dems donations coffers are more important to him. Just like the tree huggers/smelt lovers are more important than the California farmers and the US's food supply. But be proud of your vote while you blame Nebraska for the delays and Bush for everything else. Gawd forbid you put the blame for the pipeline delays on Obama and his 5 years of studies, and his all important campaign donors that include the owner of the train that jacks the prices of shipping oil. that forced the dumping of grain on the ground. :roll:
 

Mike

Well-known member
It costs over twice the amount to ship oil via rail vs. pipeline.

Crony-Capitalism at it's finest. :roll:

All along OT has led us to believe that "Corporations" are bad.

But when it comes to his self interests he reneges. (Or as I would say, "Re-Nigs")
 
A

Anonymous

Guest
Tam said:
Oldtimer said:
ranch hand said:
http://www.ktvq.com/news/new-rules-require-tests-on-bakken-crude-for-rail-shippers/


Yep- and several of the rail companies have voluntarily agreed to new speed limits concerning oil trains- which will raise the cost to the oil company shipping... The oil companies don't care as they just raise the price at the pumps-- the railroads like the additional incomes- and guess who has priority from the railroads then-- the higher income oil trains or the grain trains?... Last year without the restrictions and higher rates for oil- elevators were dumping grain on the ground...
Now with less grain demand- and ability to make more off oil trains- I can see even more of a hold up shipping grain...

This is an excellent reason to call your hero Obama an tell him to get busy approving the pipeline but nope the enviromentalists that pad the Dems donations coffers are more important to him. Just like the tree huggers/smelt lovers are more important than the California farmers and the US's food supply. But be proud of your vote while you blame Nebraska for the delays and Bush for everything else. Gawd forbid you put the blame for the pipeline delays on Obama and his 5 years of studies, and his all important campaign donors that include the owner of the train that jacks the prices of shipping oil. that forced the dumping of grain on the ground. :roll:

Even our Democrat State Senators have put in there approval of the pipeline-- but as long as the Nebraska NIMBY's can keep tying it up it will not get approved... Again we are back to where they don't even have a proposed route again...
I guess Nebraska folks don't use cars, trucks or tractors and don't see a need for oil/gas!
 

Mike

Well-known member
The following person leads the fight against the XL pipeline in Nebraska. Her...... along with ONLY 3 landowners were successful in the last court battle.

Obama fans, no doubt. :lol:
Executive Director, Jane Kleeb: Jane lives for cooking, politics and news. She was a reporter for MTV, frequent guest on FOX and MSNBC and key advisor for “Thin” a documentary on eating disorders*. Jane led a statewide organizing campaign on health care reform, has served as the national executive director of the Young Democrats of America, chair of the Democratic National Committee’s Youth Council, foundation director for a mental health facility and headed up an AmeriCorps program. Jane lives in Hastings with her husband Scott, an energy efficiency entrepreneur. They have three little girls and a backyard garden that always has spare zucchini.

* OT needs to watch and play close attention to her documentary on "Eating Disorders". :lol: :lol:
 
A

Anonymous

Guest
One of the reasons more and more people are jumping on the anti- pipeline, anti-oil wells, anti-fracking, anti- electric lines, anti oil trains, etc. is that they don't trust Corporate America and especially the Oil industry....

This became more apparent locally to me today... Yesterday south of Big Muddy (37 miles south of Plentywood near Brockton and Culbertson ) they had a 3.8 earthquake...
Today I hauled some cows to town- stopped at coffee shop- and the talk of the town is that the earthquake was caused by the oil drilling and frackking- and if the drilling continues there will be major quakes... Some are saying its from all the oil being pumped out of the ground- others saying its the from the secret chemicals being pumped in by Big Oil to replace the oil...

Folks don't seem to want to remember that there is a major fault line there that has existed for thousands of years- and quakes along it are not new...
 

Mike

Well-known member
Oldtimer said:
One of the reasons more and more people are jumping on the anti- pipeline, anti-oil wells, anti-fracking, anti- electric lines, anti oil trains, etc. is that they don't trust Corporate America and especially the Oil industry....

This became more apparent locally to me today... Yesterday south of Big Muddy (37 miles south of Plentywood near Brockton and Culbertson ) they had a 3.8 earthquake...
Today I hauled some cows to town- stopped at coffee shop- and the talk of the town is that the earthquake was caused by the oil drilling and frackking- and if the drilling continues there will be major quakes... Some are saying its from all the oil being pumped out of the ground- others saying its the from the secret chemicals being pumped in by Big Oil to replace the oil...

Folks don't seem to want to remember that there is a major fault line there that has existed for thousands of years- and quakes along it are not new...

Well that just shows the ignorance of you and the folks in your town.

I suppose the 1906 & 1989 San Francisco, Ca. earth quakes were caused by "Oil Drilling" & "Fracking"? Maybe they were pumping secret chemicals in the ground back then?

Your idiocy is beyond comprehension. :roll:

Maybe that earthquake yesterday was just a big Train Wreck? :lol:
 
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