But didn't you know - regulations ARE the solution!
Question: why not just build a pipeline?
Answer: because that would make sense and wouldn't be a solution at all because it wouldn't mean more government regulation and control!
Answer: because that would make sense and wouldn't be a solution at all because it wouldn't mean more government regulation and control!
First they restrict production of tank cars, then restrict pipeline construction, then insist on more tank cars, then regulate old tank cars out of production, then wonder why prices of fuel went up.
I find that the ecology for regulation and adverse control often exploit a niche left available by industry. This falls into my 'lack of wisdom' heading. If the tank cars are actually old and subject to failure, then that makes an opportunity for the government to introduce regulation instead of the railroad being self-regulating.
If companies 'pad where the bruises are' on their own, then there is less need for a referee. If a company does not do this, then outcry acts as a magnifier for outside parties to introduce regulation.
Jan
I'll bet you won't like the rest of what it has to say: http://priceofoil.org/content/uploads/20...
Jan