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Kelso Technologies Inc T.KLS

Alternate Symbol(s):  KIQSF

Kelso Technologies Inc. is a Canada-based diverse product engineering company. The Company is specialized in the creation, production, sales and distribution of proprietary products used in rail and automotive transportation. The Company designs, engineers, markets, produces and distributes various proprietary pressure relief valves and manway securement systems. It is a developer and reliable supplier of rail tank car equipment used in the handling and containment of hazardous and non- hazardous commodities during transport. The Company offers specialized rail tank car and truck tanker equipment, no-spill fuel loading systems, first responder emergency response equipment. The Company's rail and road transport equipment includes pressure relief valves, vacuum relief valves, bottom outlet valves, pressure car pressure relief valves, pressure car angle valves, top ball valves, one-bolt manways and related equipment, and other specialty valves, parts, equipment, services, and others.


TSX:KLS - Post by User

Bullboard Posts
Comment by Seadooxp1on Apr 15, 2015 3:35pm
189 Views
Post# 23633452

RE:House Subcommittee Meetings

RE:House Subcommittee Meetings
Like you, I am bullishly optomistic that DOT will need to publish new regulations by May 12th but have always wondered how the below happend and what has really changed (obviously the new rail spills but there where plenty befor the Jan deadline) requiring DOT to get to the finish line?

Congress approved the 2015 $1.1 Trillion budget with the mandate for “DOT to deliver a final rule for new, safer oil tank car design standards by Jan. 15, 2015, and require that all rail carriers put in place comprehensive oil spill response plans.”
 
As we all know, DOT missed this deadline which they've been mulling for years.
 
I really don’t understand the convoluted way politics works but have no idea how Congress could mandate a deadline to DOT attached to budget approval and DOT simply ignored Congress.  Doesn’t Congress have authority to suspend DOT funding until they publish those required changes or would that make too much sense?
Bullboard Posts