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In Reply to: RE: You do realize that risk free doesn't exist right? posted by srdavis2000 on May 11, 2021 at 17:33:05:
'the pipelines may have been designed for a certain life span that may be aging or even exceeded. We have a lot of bridges in this category. What do you do?'
not to be glib, but fix them? if we, as a nation, don't get on this there will be the devil to pay in life and 'treasure'; it isn't going to get any cheaper or easier kicking the damn can down the road!
'The pipelines aren't paid for or maintained by tax payor money'
no, but the oversight and regulation is and it's been delegated to the industry ... but as far as tax subsidies, it can certainly be argued that it is indirectly; but you've just intimated the very real fact that the true cost of energy isn't reflected in pricing. various political considerations obviously come into play affecting this, plus the creation of consumer advocacy organizations in the last several decades keeping costs artificially low ... they may not seem that way, but they assuredly are
that said, I'm in substantial agreement with all that you've said here [sans the infrastructure safety record] and you've done a great job bringing the issues into focus by elucidating a big picture viewpoint
and not to worry, I sleep just fine when I actually do
thanks for putting in the time on this SR, it really is a great post
and it would seem that you're getting the wind back in your sails! all good!
best regards,
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Follow Ups
- RE: You do realize that risk free doesn't exist right? - rivervalley817 05/11/2118:30:05 05/11/21 (4)
- RE: You do realize that risk free doesn't exist right? - srdavis2000 03:26:39 05/12/21 (3)
- RE: You do realize that risk free doesn't exist right? - rivervalley817 19:50:38 05/12/21 (2)
- RE: You do realize that risk free doesn't exist right? - srdavis2000 03:00:56 05/13/21 (1)
- RE: You do realize that risk free doesn't exist right? - rivervalley817 23:24:48 05/13/21 (0)