Rystad on Tuesday of last week said it expects “significant” growth in U.S. shale natural gas production, with an increase of 6.9 billion cubic feet per day
PFL Railcar Report 1-17-2023
Natgas continued to tumble last week as growing production and warm weather has set in and some calling winter over.
PFL Railcar Report 1-9-2023
Folks, we did not see this one coming. Nat-gas prices plunged as unseasonably warm weather set in.
PFL Railcar Report 1-3-2023
The deep freeze did not only have ramifications on a massive human scale with 27 people dying in Buffalo alone, but had consequences for refiners, plants and producers.
PFL Railcar Report 12-27-2022
The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) has approved TC Energy Corporation’s restart plan for the cushing segment.
PFL Railcar Report 12-19-2022
Crude oil is flowing again through most of the 2,687-mile Keystone Pipeline, but a section of the conduit in Kansas that leaked nearly 600,000 gallons remained shut off
PFL Railcar Report 12-5-2022
To us at PFL, there was in our opinion no risk for a strike – it simply could not happen at this point of time.
PFL Railcar Report 11-28-2022
The rail industry once again finds itself on strike watch. Union members of SMART-TD voted to reject ratification
Petroleum Daily Report 11-25-2022
Oil prices fell today in thin market liquidity, closing a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil. China reported a record number of Covid-19 cases today, stoking demand fears. “Because there’s light volume after the holiday, we’re giving up some of the gains here a […]
PFL Railcar Report 11-21-2022
In what was a surprise to us, Canada won’t back a call at COP27 To ‘Phase Down’ Oil and Gas Production