Hacker News new | ask | show | jobs
by tzs 1527 days ago
> Pipelines are much cheaper and safer than rail and would lower the cost of production and therefore the cost of the final product.

Would it?

Oil is a commodity with a huge market. Isn't that oil going to fetch the same price no matter how it actually gets to the market? Lowering production costs for any given small producer should simply mean more profit for them rather than lower prices for buyers of the commodity.