Exxon’s Duck-Killing Pipeline Doesn’t Pay Taxes To Oil Spill Cleanup Fund

A technicality has spared Exxon from having to pay any money into the fund that will be covering most of the clean up costs of its Arkansas pipeline spill.

The cleanup efforts themselves took a sobering turn as crews found injured and dead ducks covered in oil.

The environmental impacts of an oil spill in central Arkansas began to come into focus Monday as officials said a couple of dead ducks and 10 live oily birds were found after an ExxonMobil Corp. pipeline ruptured last week.

“I’m an animal lover, a wildlife lover, as probably most of the people here are,” Faulkner County Judge Allen Dodson told reporters. ”We don’t like to see that. No one does.”

Exxon has confirmed that the pipeline was carrying “low-quality Wabasca Heavy crude oil from Alberta.” This oil comes from the region of Alberta where the controversial tar sands are located. Heavy crude is strip mined or boiled loose from dense underground formations that often contain a large amount of bitumen. This oil is very thick and needs to be diluted with lighter fluids in order to flow through pipelines. Reports have stated that at least 12,000 barrels of oil and water spilled into the town.

A 1980 law ensures that diluted bitumen is not classified as oil, and companies transporting it in pipelines do not have to pay into the federal Oil Spill Liability Trust Fund. Other conventional crude producers pay 8 cents a barrel to ensure the fund has resources to help clean up some of the 54,000 barrels of pipeline oil that spilled 364 times last year.

As Oil Change International said in a statement today:

“The great irony of this tragic spill in Arkansas is that the transport of tar sands oil through pipelines in the US is exempt from payments into the Oil Spill Liability Trust Fund. Exxon, like all companies shipping toxic tar sands, doesn’t have to pay into the fund that will cover most of the clean up costs for the pipeline’s inevitable spills.”

Whatever you call it, as Judge Dodson says, “Crude oil is crude oil. None of it is real good to touch.”

The smell of the spilled oil (similar to asphalt) has reached residents five miles out in the country, and will likely keep residents of 22 nearby homes evacuated for several days.
Surreal video:

The Enbridge tar sands pipeline spill in Michigan happened in 2010 and parents are still concerned about the long-term health effects of having such toxic substances seep into areas where children play.

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Guardian: ‘White House Officials … Gave Strong Indications The President Is Inclined To Approve The Keystone XL Pipeline’

The Obama Administration has, tragically, signaled it may retreat on two major climate issues.

The UK Guardian reported Friday:

Barack Obama’s grand vision of action on climate change shrank to $200m a year to fund research into clean fuel cars, with signs of retreat on the big environmental issues of the day….

But on the most immediate environmental decision in his in-tray — the future of the controversial Keystone XL pipeline project – White House officials indicated on Friday that Obama’s green and liberal supporters would be in for a disappointment. Officials signalled that the president was inclined to approve the project.

I must say that this $200 million a year, which has zero chance of seeing the light of day in the Tea-Party-controlled House of Representatives, is perhaps the tiniest bone one could imagine throwing the climate community in return for a decision to help unleash the uber-dirty tar sands.

And as if that wasn’t enough to suggest Obama’s recent strong words on climate (“If Congress Won’t Act Soon To Protect Future Generations, I Will“) were just that — words – the Washington Post reported on Friday:

The Obama administration is leaning toward revising its landmark proposal to regulate greenhouse gas emissions from new power plants, according to several individuals briefed on the matter, a move that would delay tougher restrictions and could anger many environmentalists.

I have also heard from a source very familiar with the regulatory process that EPA now believes it screwed up the initial proposal, potentially subjecting it to court challenge.

Rewriting the proposal would significantly delay any action…

While the move could bolster the administration’s legal justification for regulating power plants’ carbon emissions, any delay on the rules would be a blow to environmental groups and their supporters, who constituted a crucial voting block for President Obama and other Democrats in last year’s elections.

As is typical of the WashPost, the administration’s moved is framed entirely as “a blow to environmental groups” rather, than, say, a blow to the environment itself or as a blow humanity.

The White House appears utterly clueless about the importance of these issues and the self-destructive nature of its “all of the above” energy strategy, as the WH official quoted by the Guardian makes clear:

The official dismissed environmental groups’ contention that building the pipeline would open up vast deposits of the Alberta tar sands, and so increase the emissions that cause climate change. “There have been thousands of miles of pipelines that have been built while President Obama has been in office, and I think the point is, is that it hasn’t necessarily had a significant impact one way or the other on addressing climate change,” the official said.

He added that Obama’s environmental policies would more than make up for any negative impacts from the Keystone XL project. “There’s no question of that.”

Seriously, that’s the White House defense for Keystone: We’ve opened thousands of new spigots for oil (and gas), so what’s one more?

Memo to White House: We are far past the point where breaking even on carbon emissions – or doing a little better than break even —  is a rational goal.

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No, Obama Didn’t Tell Republicans He Would Approve The Keystone XL Pipeline

BuzzFeed reports that House Republicans came out of their lunch meeting with President Obama confident he will say yes to the controversial Keystone XL pipeline. Rep. John Carter (R-La.) said Obama “indicated” he will support the pipeline.

The truth is the Keystone XL pipeline decision is still months away. There is no indication of how the State Department will decide, and it will happen as early as this summer. Administration officials and reporters confirm the report is false:

.@arthurdelaneyhp says Freshmen GOP Rep at lunch meeting said Obama fielded Keystone pipeline Q but never said he’d approve

— Sam Stein (@samsteinhp) March 13, 2013

Additional reports of the meeting indicate Obama only said he will make a decision on Keystone XL soon. It is worth noting BuzzFeed’s own story now carries the rebuttal from the White House stating that the future of the tar sands pipeline has not been determined.

Keystone XL supporters might be optimistic based on a State Department’s draft report that surprisingly concluded the project is environmentally “sound.” There are tens of thousands of activists who disagree.

Of course, Republicans aren’t content to leave the decision to the State Department. Polluter-backed House Republicans have repeatedly tried to force its approval, with their most recent attempt just last week.

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UPDATE 1-Amgen outlines pipeline, sees push into biosimilars

NEW YORK, Feb 6 (Reuters) - Amgen Inc said on Thursday that between this year and 2016 it will have key late-stage data from eight experimental medicines, and that it expects generic versions of biotech drugs, known as biosimilars, to be a multi-billion dollar opportunity for the company.

Amgen Chief Executive Robert Bradway, at a meeting in New York with analysts and investors to provide an update to its business strategy, said the company plans to launch six biosimilars beginning in 2017 - four cancer drugs and two for inflammatory diseases.

The world's largest biotechnology company believes it has a unique capability to become a major player in biosimilars once U.S. health regulators finalize the approval pathway for such drugs, which are not identical matches of the branded medicines the way traditional generic versions of pills are.

Amgen also raised its 2013 earnings forecast to account for a tax credit due to federal settlements for prior years.

Amgen said that it now expects adjusted 2013 earnings of $7.05 per share to $7.35 per share, and that it would record the credit in the first quarter. The company last month had forecast earnings per share of $6.85 to $7.15.

The 2013 revenue forecast remains unchanged at $17.8 billion to $18.2 billion.

The company said it plans to continue to pursue strategic acquisitions, and that it expects to expand its business into Japan and China after 2016.

"We think this has the potential for a meaningful contribution to the business," Bradway said of long-term Asian expansion plans.

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Roche's CEO on Profit Pipeline

 Highlight transcript below to create clipTranscript:  Print  |  Email Go  Click text to jump within videoFri 01 Feb 13 | 07:31 AM ET Severin Schwan, Roche CEO, discusses the company's future growth plans developing innovative medicines to fight the battle against cancer and Alzheimer disease.

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Republicans Already Showing Weakness on Keystone Pipeline

Well, that didn’t take long.  Just one week into the conference committee on the highway bill, Republicans are showing signs of caving on their insistence that the Keystone pipeline be approved as part of the deal.

Throughout the past few months, we have been chronicling how Republicans have been apathetic to the underlying vices of the highway bill (S. 1813).  They basically told the Democrats in committee that they have every intention of passing the Senate bill; they just want a provision approving the Keystone pipeline as part of the agreement.  As any negotiator that lacks the credulousness of a toddler understands, once you take your bargaining chip off the table, the other side has no reason to give in.  Since Republicans have guaranteed Democrats that the tax and spend highway bill is too big to fail, Democrats will wait them out until they agree to jettison the Keystone provision.  And that is exactly what is happening.

Take a look at these quotes from The Hill:

Republicans are pressing for approval of the Keystone XL oil pipeline in a final House-Senate transportation bill but appear unlikely to draw a line in the sand that jeopardizes the infrastructure legislation.

While the proposed Alberta-to-Texas pipeline is a top GOP and oil-industry priority, Republicans might have incentive to keep the matter unresolved, enabling them to continue using Keystone as a political weapon during the campaign season. [...]

“The overall Republican conference position is not to sink the conference report over [Keystone XL], however, as keeping that issue alive through the elections is also acceptable,” an oil industry source told The Hill.

Let’s be straight: the Keystone pipeline should never be used to pass bad legislation.  It’s just humorous to watch these guys capitulate on their one line in the sand.  As we’ve noted before, there are numerous problems with the underlying bill:

Taxpayer Bailout of Private Pensions: As part of an oblique effort to raise revenue for the faulty highway trust fund, the Senate bill allows corporations to put less money into company pensions that are backed by the taxpayer-funded Pension Benefit Guaranty Corporation (PBGC).  This would increase net profits for corporations, and by extension, generate $7 billion more in taxes to Uncle Sam.  In addition to serving as a convoluted way to fund the tenuous highway trust fund, it will also expose taxpayers to future bailouts of the PBGC when it becomes clear that the pension plans are underfunded.  [read more on this at the Heritage Foundation].General Fund Transfer: Just hours before the Senate bill was brought to a floor vote on March 14, Barbara Boxer slipped in a manager’s amendment that contained a provision (section 40313) authorizing a $5 billion general fund transfer to the highway trust fund.Nanny-State Enhancement Mandates: James Inhofe, the Republican architect of Boxer’s transportation bill, promised Republicans that the bill offered flexibility to the states for spending their infrastructure dollars, exempting them from the 10% “enhancement” mandates.  Well, the manager’s amendment appears to have vitiated that agreement.Other Top-Down Mandates and Anti-Free-Market Policies: There are sundry provisions that impose eco-fascism, establish anti-growth “made in America” mandates, discourage private sector investments in infrastructure, and offer giveaways to Big Labor.New Bureaucracies: The bill expands the size of government.  According to the Washington Letter on Transportation, as cited in Ken Orski’s Innovation News Briefs, the bill creates a new National Endowment for the Oceans, Coasts and Great Lakes, which will be housed in the Department of Commerce. It also provides for a seven-year reauthorization of the Land and Water Conservation Fund, a green program of the National Park Service within the U.S. Department of the Interior.Big Brother: The bill mandates that every new motor vehicle beginning in 2015 be equipped with a recording device designed to store data related to vehicle safety.IRS out of control: The bill grants authority to revoke passports of those who owe more than $50,000 in unpaid taxes.

This is just the tip of the iceberg of this 1676-page bill.  It also serves as a stark reminder why we should not lock up authority for all transportation responsibility in Washington.  This is not a bill we should support in any shape or form – Keystone or no Keystone.

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