The Weekly PFL Railcar report consists of all the different variables affecting Rail Traffic including, but not limited to; Oil Pipeline shutdowns, Oil Producer Shutdowns, Unemployment rates, and North American Rig Count. Check the latest Rail Traffic Indicators as well as the most recent railcar markets.
Timely petroleum, renewable fuels, railcar, and storage intelligence from the PFL team.
Basic economics 101 would tell us that inflation at 8% cannot support interest rates close to 0. Interest rates cannot and will not continue to be as low as they are right now with inflation at current levels.
The Alberta government is currently accepting requests for proposals to operate an underground carbon storage hub serving the Alberta Industrial Heartland (AIH) zone near Edmonton.
Oil prices edged lower on Friday as the market weighed supply concerns from the unrest in Kazakhstan and outages in Libya against a U.S. jobs report that missed expectations and its potential impact on Federal Reserve policy.
Total North American rail volumes were up 3.2% yoy in week 51 resulting in qtd volumes that are down 4.8% and ytd volumes that are up 4.7% yoy
Total North American rail volumes were down 4.3% yoy in week 50 resulting in qtd volumes that are down 5.3% and ytd that are up 4.8% yoy
“Your present circumstances don’t determine where you can go, they merely determine where you start.” – Nido Qubein Jobs Update Initial and Continuing Jobless Claims Stocks closed lower on Friday of last week and lower week over week The DOW closed lower on Friday of last week, down 532.2 points (-1.48%), closing out the week […]
The Trans Mountain crude oil and products pipeline in Western Canada restarted on Sunday December 5th after a three-week shutdown from record rainfall that triggered severe flooding and landslides in British Columbia, resulting in the longest closure in the pipeline’s nearly 70-year history.
North American rail volume for the week ending November 20, 2021, on 12 reporting U.S., Canadian, and Mexican railroads totaled 329,398 carloads, down 2.3 percent compared with the same week last year, and 338,380 intermodal units, down 14.2 percent compared with last year.
North American rail volume for the week ending November 20, 2021, on 12 reporting U.S., Canadian, and Mexican railroads totaled 329,398 carloads, down 2.3 percent compared with the same week last year, and 338,380 intermodal units, down 14.2 percent compared with last year.
Oil posted its largest weekly drop since August as Europe’s worsening COVID-19 crisis renewed the prospect of lockdowns just as key consuming nations look to add emergency supply to the market. The wave of infections in Europe is growing once again and raising the prospect of mobility restrictions that would hit oil demand. Austria imposed a lockdown while Germany has introduced some restrictions.