Category: Railcar Report

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

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

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?

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

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

Here we go again.  Let’s blame the companies and the rest of the world for the high price of gasoline and other products. 

On Thursday of last week, the DOE said that it will initiate a transparent, competitive process to replenish U.S. emergency crude oil

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.

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

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