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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: t4texas who wrote (27327)11/23/2003 4:44:01 AM
From: Mark Adams  Read Replies (2) of 206305
 
I don't know the full MTBE story.

One thing I heard was the limit on liability removed the mfg from liability due to misuse outside of their control. Probably spin. An analogy might be holding the gun mfg liable for the kids accidental discharge.

Another thing I heard was that the 'hydrophilic' properties were well known prior to it's adoption. Or the ability of a single drop of MTBE contaminating thousands of gallons of water. Quickly. Makes me wonder about those using well water, and gas powered yard gear. Small spills would seem commonplace.

A few years ago, I heard it used what otherwise would have been a waste product. Converting a liability into an asset you might say. A stroke of genius, was the impression conveyed. I think in a Barrons article.

Is this a case of regulators allowing profit driven lobbyist to set policy despite longer term concerns?

Cannot the Tort lawyers add congress and/or regulators to the list of deep pockets?

Why don't we dispose of our nuclear waste in a similar fashion?
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