Thousands of Gas Leaks Discovered Under Streets of Washington DC
First time accepted submitter gallifreyan99 writes "Researchers from Duke revealed today that they had discovered nearly 5,900 gas leaks under the streets of Washington DC, including 12 that posed a serious risk of explosion. And it's not just Washington: a gas industry whistleblower who is part of the team showed this was happening in cities all over America."
Good to know that private enterprise is taking such good care of their infrastructure - so much better than anything the government might operate *snort*.
I am sure they will ask for a rate increase to perform the maintenance that they should have been doing all along - can't take that kind of money from the shareholders (owners.)
Keep the profits private and the losses public - that's the ticket.
"The latest teenage prank is to throw lighted matches and cigarettes down manholes in Washington, DC."
"Gas company announces it needs to raise rates to fix leaks."
...A few months go by of more efficient gas lines - meaning less wasted into the atmosphere.
"Gas company CEO gets bonus for increased profits. Writes book on how to be a great CEO."
He then appears on CNBC and is introduced as Blow Hard Jack and pontificates on how a business should be run. CNBC talking heads fawn all over him and blame Democrats for the poor business climate.
DC residents stuck with higher rates while CEO and shareholders rake it in. But hey, they worked HARD for it - they had to READ a news headline in the paper about their operational stupidity. The thought of proactively looking for leaks never crossed their mind.
Do you hear that? That's the sound of the US crumbling under unregulated greed and power.
Brave Sir Robin ran away. ("No!") Bravely ran away away. ("I didn't!")
Riiiiiiight. And it has nothing at all to do with big businesses doing everything they can to hoard profits, and idiot apologists like you that think that there is nothing wrong with that fact.
Electricity was deregulated in California. What happened? Prices shot up, service deteriorated. Do I need to mention Enron?
How many times have you opened up the paper to see stories about companies laying off thousands of workers, not because the business is losing money, but because they arn't making *enough profit*. There is no such things as an honest public company as long as they are required by law to put their investors above all others. The sheer number of examples is virtually limitless.
If Washington Gas (for example) was such a benevolent little angel, why did they have to be *ordered* by the commission to upgrade pipes? How many times has there been a massive ecological disaster because an oil company was too cheap to implement basic precautions?
So spare me your bullshit. Libertarian is synonymous with "I've got mine, fuck you!", for good reason, whether you like it or not.