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nation’s inventory <strong>of</strong> transmissions is at least 50 years<br />

old.”<br />

— Excerpt from <strong>the</strong> August 29, 2011 San Francisco<br />

Chronicle Article, At probe’s end, San Bruno pipe’s<br />

origin is unknown<br />

WASHINGTON—Pipeline operators nationwide,<br />

and <strong>the</strong>ir customers, will face major changes and a<br />

hefty price tag if <strong>the</strong> National Transportation Safety<br />

Board can persuade federal and state regulators to<br />

implement recommendations it issued Tuesday in<br />

response to <strong>the</strong> San Bruno disaster.<br />

“Top among <strong>the</strong> recommendations is <strong>the</strong><br />

elimination <strong>of</strong> ‘grandfa<strong>the</strong>ring’ loopholes in federal and<br />

state laws that ave allowed companies to run thousands<br />

<strong>of</strong> miles <strong>of</strong> <strong>the</strong> nation’s oldest and most vulnerable<br />

natural gas pipelines without subjecting <strong>the</strong>m to <strong>the</strong><br />

kinds <strong>of</strong> high-pressure water tests that are required on<br />

modern pipelines”.<br />

— Excerpt from <strong>the</strong> August 31, 2001 San Francisco<br />

Chronicle Article, San Bruno reforms are likely to be<br />

costly<br />

From coast to coast, it is clear that <strong>the</strong> for pr<strong>of</strong>it utility companies’<br />

policy <strong>of</strong> ‘differed maintenance’ has resulted in a crumbling infrastructure.<br />

Under <strong>the</strong> Clinton era ‘deregulation’ policies <strong>the</strong>y have been allowed<br />

to ‘regulate’ <strong>the</strong>mselves. This has led to lawless companies who violate<br />

federal, state, and local laws in <strong>the</strong>ir quest for pr<strong>of</strong>its.<br />

We now have laissez-faire unregulated capitalism, with giant cartels<br />

and monopolies openly in control <strong>of</strong> government and regulation agencies<br />

— <strong>the</strong>y are <strong>the</strong> regulators/’deciders’!<br />

The first ‘fruit’ <strong>of</strong> deregulation was <strong>the</strong> “2000-2001 Enron/Energy<br />

Crisis” that occurred as, under deregulation, <strong>the</strong> Energy Companies<br />

formed corporations and energy cartels, who used <strong>the</strong>ir monopoly <strong>of</strong> <strong>the</strong><br />

power production, to price fix and <strong>the</strong>n charged <strong>the</strong>ir subsidiary<br />

companies higher wholesale energy prices for electricity. When <strong>the</strong> energy

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