Lac-Mégantic Disaster Report Issued

By: Wednesday August 20, 2014 5:30 pm

On July 6, 2013, a freight train parked with the engine running and left unattended at Nantes, Quebec began rolling, pulling 72 tank cars carrying Bakken crude, a highly flammable oil, behind it. All cars were the old dangerous DOT-111A/CTC-111A type which have a capacity of 30,000 gallons of oil each.

That something was wrong with the locomotive was obvious to people driving by that night.

 

Hot Rails to Hell, Pipelines to Perdition

By: Tuesday December 17, 2013 6:52 pm

Do you live near a railroad line? How about a pipeline? You might want to check into your proximity to those things.

Because America is the new Saudi Arabia, soon to be the world’s number one oil producer, the infrastructure that used to carry our energy products around is straining to meet the demand created by the new production.

Late Night: Fire Sales

By: Thursday July 11, 2013 8:00 pm

Hard to believe, but yet another corporate malefactor turns out to be a hollow shell, devoid of assets and accountability, and this time half of a town got obliterated because of it. With every emerging detail, the derailment and explosion of an unmanned (!) train in Lac Megantic, Quebec turns out to be the same old plot with new characters. A larger concern with assets to protect “spins off” its shoddiest and riskiest parts, and any attendant liabilities, and leaves it alone to flame out, usually not so literally, but still leaving everyone but the con artists at the top holding the conveniently empty bag just the same.

The Lac-Mégantic Tragedy and American Capitalism

By: Tuesday July 9, 2013 2:45 pm

The appropriate subtitle is ‘Bhopal Coming to Your Hometown Soon.’
The train wreck (this time literal as well as figurative) at Lac-Mégantic hasn’t got much play here, but it is important enough to deserve attention, as it perfectly illustrates the principle of regulatory capture, like the non-incendiary financial meltdown in 2008. Here’s the story.

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