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Friday, July 19, 2013

Pipeline News Round-Up 7/18/13

News Round Up July 18, 2013

  •       More and more I’ve seen news stories discussing end users’ decision to use rail transit to move oil and natural gas products.  I think I listed a story here recently of a California end user choosing rail rather than building a big, “risky” pipeline.  Well here is the flip side.  Train carrying oil crashes, explodes and kills 50.  A horrible, horrible tragedy.  (Read more here).
  •      Independent report finds that Exxon pipeline rupture in Arkansas was caused by "outdated welding."  The line was originally built in the 1940's.  (Read more here).
  •     Internal corrosion on a salt water line causes a burst on beautiful Catalina Island. (Read more here).
  •     Article discussing investment prospects for a few pipeline companies.  (Read more here).
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