Category: Railcar Report

The four-week rolling average of petroleum carloads carried on the six largest North American railroads fell to 23,339 from 23,363

Total North American rail volumes were down 0.5% yoy in week 13 resulting in 1Q22 volumes finishing down 3.7% yoy

Ethanol groups are not happy and believe the President completely ignored them as a solution: “Doubling down on petroleum dependence is not an economically or environmentally sustainable solution for lower gas prices and it completely undermines this administration’s ambitious climate objectives,”

 The reality is, we can produce more natural gas, export more LNG and produce more NGL’s pretty quickly if policies change and executive orders are signed by the President cutting red tape and legal challenges

With nearly 3000 conductors, engineers and other workers on the sidelines, this move will only add to the supply chain woes that are affecting the shipment of goods across the continent and the world.

Oil prices rose on Friday of last week,  but posted the biggest week over week decline since November after previously hitting the highest prices since 2008. The U.S. made moves on Friday of last week to revoke Russia’s “most favored nation” status

Folk’s, volatility in the markets has been insane this past week and expect more of the same this week as the world is on edge. 

Folk’s, volatility in the markets has been insane this past week and expect more of the same this week as the world is on edge. 

Folk’s, volatility in the markets has been insane this past week and expect more of the same this week as the world is on edge. 

Folk’s, volatility in the markets has been insane this past week and expect more of the same this week as the world is on edge.