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New Oil Tanker Changes Delaware Dredge Debate

Best Credit Cards A bigger tanker that can carry more oil upriver certainly would seem to change the nature of the debate surrounding a plan to dredge the Delaware River. Logically, wouldn't such a vessel save refiners money, and lower the price of gas, without necessitating sucking piles of muck from the river bottom?

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Chase Credit Cards Maybe. But the situation surrounding a plan to dredge the Delaware River channel from its current 40 feet to 45 feet now has a different look. The General Accounting Office, the federal agency taking a closer look at the plan, no doubt is paying attention.

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Credit Card Consolidation From the beginning, the U.S. Army Corps of Engineers has based the project on economic benefits oil refiners would reap if they don't have to transfer oil from big carriers to smaller ships to get the product up the river.

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Credit Card Generator However, the refiners have been hesitant to embrace the project. If the river's channel is deepened, the refiners would have to deepen their own berths, at an unknown cost, to reap the benefits.

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Student Credit Cards Recently, though, a couple of events changed the landscape.

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Capital One Credit Card First, the biggest vessel ever to come up the Delaware River made its way to a Sunoco terminal. The oil tanker Stena Vision has a wide hull and rides higher in the water than other ships its size.

Bp Credit Card Still, it had to unload part of its cargo before making its way up the river.

Credit Card Deals Also, Sunoco, after initial reservations, now supports the $311 million dredging project.

Bad Credit Credit Cards We still think the GAO will discover that this project is a waste of money. If the next generation of ships is able to traverse relatively shallow water, the refiners have to save some lightering money.

Credit Card Via Pay Pal But Sunoco's new attitude must be considered, too. Are the refiners ready to commit to building those "driveways" to their facilities? Do they have a handle on how much that will cost, especially compared to continued lightering? Will this project provide a national economic benefit through lower gasoline prices?

Sunoco Credit Card All along, dredging proponents have believed that the refiners would fall in line, there would be no environmental damage and the muck sucked from the river bottom would be put to good use.

Credit Cards For Bad Credit Opponents have questioned the alleged economic benefits, worried about the environmental impact and fought a running battle to keep the river muck out of South Jersey.

Prepaid Credit Cards We think that when the GAO finishes its study, it will advise Congress to keep tax dollars safely tucked far away from the dredging project.

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Topic: Delaware Deepening

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