Obama owns the oil by rail boom and the consequences

Holman Jenkins:
It’s better to be lucky than good. President Obama, who arrived promising to heal the planet and halt the rising seas, instead presided over a fossil-fuel renaissance in America. If you were unemployed and found a decent job in Obama’s economy, there’s a good chance it was a fracking job. If things are finally looking up for the middle class, cheap gas is a major contributor.

He was lucky again on July 6, 2013. Thanks to various competing news stories (a plane crash in San Francisco, the Trayvon Martin shooting trial), Americans did not dwell on a fiery oil-train accident in Canada that killed 47. For if there’s one boom Mr. Obama can claim authorship of, it’s the oil-by-rail boom.

A business that barely existed when he took office now moves an impressive million barrels a day. The oil pouring forth from America’s resurgent fields, after all, has to reach market somehow. And as the Journal explained in December, political opposition to the Keystone XL pipeline has “emboldened resistance to at least 10 other pipeline projects across North America. . . . The groups coordinate their moves in regular conference calls and at meetings in Washington, D.C., and elsewhere.”

The publication Energy Monitor Worldwide elaborated in September: “Environmentalists and governments are making it more and more difficult to get approval to build pipelines, so producers are increasingly using rail to get their oil to refineries for processing into products that the American public needs. . . . If all the railcars carrying crude oil on a single day were hitched together to a single locomotive, that train would be about 17 miles long.”
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The anti pipeline fever is compounded by the Jones Act idiocy that drives up the cost of transportation on the ocean of American oil, but not foreign oil.  The anti energy left has not had much luck at keeping the fossil fuel in the ground, but their obstinacy has put a lot of it on top of the ground in rail cars.  Obama's sell out to the anti energy left is responsible for the higher transportation cost and the resulting accidents that have caused much more damage than a pipeline.  That boom includes exploding rail cars.

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