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Posts from December 0

A Tale of Three Pipelines (Part I: Remembering Tide-Water Pipe Line)

By <a class="post-author" href="/about#aepstein">Alex Epstein</a> -- December 21, 2011
Consider: the Tide-Water Pipe Line Company … built an “impossible” [crude-oil] pipeline in three months. And it was open for business in May 1879–a mere six months after the company was formed. In today’s American industry, in six months it can be difficult to get permission to lay down mats to teach Yoga on; a state of the art industrial project is inconceivable.
If oil is the lifeblood of a mobile civilization, then oil pipelines are its arteries.
TransCanda’s Keystone XL pipeline, a potential source of highly secure Canadian oil for U.S. refineries all the way to the Texas Gulf Coast, was proposed back in 2008. Despite the fact that pipelines are the safest way of transporting oil, and that this proposed pipeline went to borderline bizarre lengths to prevent the slightest momentary oil leakage, TransCanada endured more than three years of dealing with the “green” regulatory establishment–wrangling with permits, environmental impact statements, secondary environmental impact statements, and the like.