Bloomberg News
Energy Markets Reporter for Bloomberg News, based in San Francisco
PROFILE
Lynn Doan
Guest
FROM Lynn Doan
Which Way, L.A.?
Oil Trains are Coming to Southern California Right now, just 1% of the crude oil refined in California gets here by rail. In two years it’ll be 25%, on trains that haul 100 tank cars at a time. But state officials are not disclosing details about train movements in a report provided by railroad companies.
To the Point
The Crude Business of Moving Oil in America US oil production and energy independence have reached a 28-year high, thanks mainly to fracking in North Dakota. But with no pipelines to move the oil, barrels of crude are now traveling the US on trains – an estimated million barrels a day. Last July, a train carrying barrels of explosive crude oil derailed in Canada. The fiery blast killed 47 people and leveled part of the town. Accidents like this have prompted an outcry over what critics call "bomb trains" and a debate on whether safety regulations are strict enough. We look at the safety issues involved with what critics call "bomb trains."
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To the Point
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
To the Point
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
To the Point
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.
To the Point
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.