2/2: #Energy: Fraught. Richard A Epstein, @RichardAEpstein, @HooverInst, Tisch Professor of Law NYU Bedford Senior Fellow; Hoover Institution; senior lecturer, University of Chicago Law School.

Photo:  "America's petroleum industries pour out fuel and lubricants for the United Nations. Over hills and mountains, across broad rivers and through densely weeded regions runs what the U.S. calls the 'Big Inch,' the largest oil pipeline in the world, built specially to expedite supplies of oil derivatives to U.S. armed forces and the armies of the United Nations. The pipe line extends from the oil fields of the U.S. southwest state of Texas to the New York City-Philadelphia oil district of the U.S. eastern Atlantic coast, a distance of almost 1,400 miles (2240 kilometers). It is 24 inches in diameter and delivers a daily flow of 300,000 barrels. The picture shows the pipeline in the course of building. A section, before being lowered into the trench built to receive it, has been coated with hot asphalt paint. The completed pipeline cost $95,000,000

2/2: #Energy: Fraught. Richard A Epstein, @RichardAEpstein, @HooverInst, Tisch Professor of Law NYU Bedford Senior Fellow; Hoover Institution;  senior lecturer, University of Chicago Law School.