The Canadian Energy Regulator (“CER”) updated its monthly crude by rail numbers on June 21, 2022.
PFL Railcar Report 6-21-2022
The shutdown is a blow to President Joe Biden’s efforts to help Europe wean itself quickly from Russian gas by expanding LNG exports from the United States
PFL Railcar Report 6-13-2022
Wish we didn’t have to watch them, but we have no choice, we are living it. Aside from Blaming Exxon (who apparently made more money than God last quarter according to Biden) and
PFL Railcar Report 6-6-2022
Folks, crude by rail is looking interesting. Basis in Alberta blew out to -$20 per barrel against WTI last week. So why is crude by rail not moving?
PFL Railcar Report 5-31-2022
Total North American rail volumes were down 2.9% yoy in week 20 resulting in the qtd volumes that are down 3.9% year over year
PFL Railcar Report 5-23-2022
Enbridge has accepted all pipeline nominations for June deliveries on its mainline system and this is the fourth consecutive month that they have done so
PFL Railcar Report 5-16-2022
Here we go again. Let’s blame the companies and the rest of the world for the high price of gasoline and other products.
PFL Railcar Report 5-9-2022
On Thursday of last week, the DOE said that it will initiate a transparent, competitive process to replenish U.S. emergency crude oil
PFL Railcar Report 5-2-2022
There is a diesel crisis upon us and it is impacting consumers and businesses in a much bigger way than the average gasoline buyer is aware of.
PFL Railcar Report 4-25-2022
Oil prices fell on Friday of last week, posting a weekly loss of almost 5% as financial markets were down across the board. Fed Chair Jerome Powell said that a 50 bps rate hike is on the table for the next Fed meeting in May which pushed the dollar to two-year highs. “At this stage, fears over China’s growth and over-tightening by the Fed, capping U.S. growth, seem to be balancing out concerns