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I'm here for the moneuy Status: Not Logged In; Sign In Business See other Business Articles Title: 9-0 SCOTUS: Amtrak wins over freight trains Source: Philadelphia Inquirer URL Source: http://www.philly.com/philly/busine ... _wins_over_freight_trains.html Published: Mar 11, 2015 Author: Paul Nussbaum Post Date: 2015-03-11 07:59:00 by Willie Green Keywords: Amtrak, Trains, Oil Views: 1741 Comments: 16 The U.S. Supreme Court sided Monday with Amtrak in a dispute with freight railroads over priority of passenger trains on freight tracks. A 2008 law directed Amtrak to work with the Federal Railroad Administration to create standards that let Amtrak keep priority over freight trains. But a federal appeals court sided with the freight railroad industry, which said Amtrak was a private organization that could not regulate competitors' actions. The Supreme Court reversed, saying Amtrak is like a government entity given the reality of federal controls. Amtrak said its on-time performance has been hampered by freight trains holding up passenger trains. Poster Comment: Woohoo! Get those dangerous Oil trains out of the way! All they do is delay passenger service, derail & blow-up, damaging the tracks, interrupt other shipments, endanger the communities that they pass through & pollute our streams with the Oil spills. Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 9. #3. To: Willie Green (#0) (Edited) Woohoo! Get those dangerous Oil trains out of the way! Willie, you ignorant slut. The oil trains run on the relatively few north-south routes. Other than a few routes on the east and west coasts (far from the oil train routes), Amtrak is all east-west. Amtrak may find that some railroads are unwilling to renew their contract for rail carriage. Amtrak negotiates these contracts with the freight carriers. Nothing forces the railroads to renew. You might see, for instance, a sharp rise in Amtrak's paid rates to run on cross-country routes like Burlington Northern. I know from direct experience that Amtrak pays a base rate for every train carried by a freight railroad. They pay also a bonus scale for on-time performance. The more that a given railroad delays Amtrak, the more they lose in the on-time Amtrak bonus. Every minute of delay costs the railroad its Amtrak bonus fees. So this move will likely jack up Amtrak ticket prices or finally result in cancellation of the few remaining cross-country Amtrak routes. Tooconservative  posted on  2015-03-11   8:12:37 ET  Reply   Untrace   Trace   Private Reply   #6. To: TooConservative (#3) The oil trains run on the relatively few north-south routes. Other than a few routes on the east and west coasts (far from the oil train routes), Amtrak is all east-west. Bakken crude is shipped from the Dakotas to Seattle for export: More Explosive Oil Trains Are Headed to Seattle Trains Will Pass the Stadiums and Underneath Downtown Every week, about a dozen of these trains pass through downtown Seattle carrying the same type of highly flammable oil in the same sort of unsafe tank cars that exploded in Quebec. They pass both sports stadiums and enter a tunnel directly under Pike Place Market. And if the oil and rail industries get their way, by the time the Seahawks play their opening game at CenturyLink Field next September, there could be as many as 15 to 16 of these potentially explosive oil trains passing through each week The danger is imminent, though. Currently, the trains are transporting Bakken crude oil through Seattle using DOT-111 tank cars. It's those same DOT-111 tank cars that exploded in Quebec and North Dakota. The NTSB has repeatedly warned that they are unsafe and vulnerable to puncture. Empire Builder blues: Oil trains kill Amtrak schedule The Post’s map shows the Empire Builder made it on time to its endpoint “only 21 percent of the time in the past year,” the worst of Amtrak’s interstate routes. Willie Green  posted on  2015-03-11   9:00:42 ET  Reply   Untrace   Trace   Private Reply   #8. To: Willie Green (#6) Dan Akroyd is more eloquent on this subject than I. OregonLive: Oil train traffic dwindles along major Oregon route amid oil price slump Steven Massey can't remember the last time he saw an oil train come through Rainier, his small town on the Columbia River northwest of Portland. The mile-long black trains hauling crude oil from North Dakota had been obvious, if obstreperous, since they started rumbling through Portland, Scappoose, St. Helens and Rainier in late 2012 en route to a terminal outside Clatskanie. In recent weeks, Massey, a Rainier councilman, stopped seeing them at all. "For a while we suspected they were coming through at night, but the amount we see seems like a dramatic decrease," Massey said. Oil prices have fallen 50 percent since last summer, leading to a sharp drop in the price of gasoline at the pump. As markets have become oversupplied, key players like Saudi Arabia have refused to cut production, pushing the price of oil to its lowest levels since 2009. Since oil prices have crashed, oil train traffic has fallen sharply through what had been Oregon's primary route for volatile North Dakota crude moving to market. The terminal near Clatskanie, owned by Massachusetts-based Global Partners LP, hasn't unloaded an oil train since Jan. 20, according to ClipperData, a New York firm that tracks crude movements. No barges have docked at the terminal to pick up oil bound for West Coast refineries since Dec. 19, according to ClipperData. Industry observers have been closely watching to see whether oil's price crash will impact production in North Dakota's Bakken formation, the source of much of the oil moving by rail through Oregon. Since oil trains have raised nationwide safety concerns, a central question has been: Are oil trains temporary or here to stay? But production in North Dakota is still growing. Though fewer oil trains are moving to Global's facility in Oregon, Mark Romaine, the company's chief operating officer, described what's happening as a temporary lull driven by an oil price phenomenon called contango. Under contango, the future price of oil is higher than what crude is currently worth. That means it's more profitable for oil producers to store crude today and deliver it in the future. Romaine said producers today in North Dakota are sending crude to Cushing, Oklahoma, the world's largest oil storage hub. The Oklahoman newspaper reported today that storage there is still a couple of months away from hitting its capacity. That means it could be a couple of months before oil trains start rolling to Global's facility again. Tooconservative  posted on  2015-03-11   9:17:35 ET  Reply   Untrace   Trace   Private Reply   #9. To: TooConservative (#8) So they're temporarily storing it in Oklahoma? So what? All that means is that, in a couple more months, they're gonna start shipping it from Oklahoma to Seattle & Portland again (or from Oklahoma to Houston and resume shipping the newer Bakken crap from the Dakotas to Portland & Seattle)... and the railways will be just as congested with that dangerous/explosive crap as before. That's probably why that pinhead Senator Tom Cotton wants to go to war with Iran, you know: destabilize Middle East Oil and get the Bakken crap moving again at a higher price. You don't need to be a conspiracy theorist to figure that one out. Willie Green  posted on  2015-03-11   10:40:52 ET  Reply   Untrace   Trace   Private Reply   Replies to Comment # 9. #10. To: Willie Green (#9) So they're temporarily storing it in Oklahoma? Actually, despite having a record storage capacity, the glut of oil has almost filled every petroleum storage tank in the country. Analysts warn we could see prices fall temporarily to $20/barrel but it would rise again when the surplus was used up. Tooconservative  posted on  2015-03-11 10:56:40 ET  Reply   Untrace   Trace   Private Reply   End Trace Mode for Comment # 9. Top • Page Up • Full Thread • Page Down • Bottom/Latest

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