UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: lindytoes Big gold star, 5000 posts Top Recommended Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1977252  
Subject: Nothing to see here, folks. Move along. Date: 4/10/2013 9:40 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 4
No longer moving much US light crude, our pipelines are carrying large quantities of tar sands oil from Canada (see below for State of the National Pipeline Infrastructure) most of which is exported to foreign countries. The Pegasus pipeline, which recently spilled tar sands oil in Arkansas near their capital, was built in 1948. It no longer delivers conventional crude oil from Nederland, TX, to the Patoka Oil Terminal Hub in Patoka, IL. At some point light crude oil switched to heavy oil.

http://tinyurl.com/d7xoscr
Using aging, retrofitted pipelines to ship oil — what could go wrong?
<snip>
There are 175,000 miles of onshore and offshore “Hazardous Liquid” pipelines pumping petroleum and its byproducts across the US... From 1990 to 2011, more than 110 million gallons of mostly crude oil and petroleum products spilled from these pipelines, many of which now carry chemicals that are much different than those for which they were designed.
..........
“Why should pipeline companies apply for permits and go through tedious environmental impact statements [required for new pipelines],” she asks, “when you can repurpose an old pipeline with little, if any, environmental scrutiny from a state agency, and with little resistance from landowners who already have an existing line in the ground?”

...................................
federal document available to all without copyright
http://opsweb.phmsa.dot.gov/pipelineforum/docs/Secretarys%20...
In spite of its gradually improving safety performance, some pipe has been in the ground for a long time. Over 50% of the nation's pipelines were constructed in the 1950's and 1960's during the creation of the interstate pipeline network built in response to the huge demand for energy in the thriving post-World War II economy. Some pipelines were built even earlier. Approximately 3% of our gas distribution mains are made of cast or wrought iron and were built in the first half of the 20th century. Over 12% of the nation’s cross-country gas transmission and hazardous liquid pipelines were built prior to the 1950's. Each of these types of pipelines has its own unique age (and even material) distribution. Figure 5 below depict the percentage of pipelines constructed by decade (50s = 1950’s) for each of the three types of regulated pipelines. (pages 6 and 7)
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement