Category: Railcar Report

The U.S. Court of Appeals for the District of Columbia ruled on Wednesday of last week that the Dakota Access Pipeline (DAPL) does not have to be shut and drained, as per a lower court order on July 6.

” There are two kinds of people: those who do the work and those who take the credit. Try to be in the first group; there is less competition there.” — Indira Gandi COVID-19 and Markets Update The United States currently has 4,813,984 confirmed COVID-19 cases and 158,372 confirmed deaths The U.S. Labor Department stated […]

“Spend each day trying to be a little wiser than you were when you woke up. Discharge your duties faithfully and well. Systematically you get ahead, but not necessarily in fast spurts. Nevertheless, you build discipline by preparing for fast spurts. Slug it out one inch at a time, day by day. At the end […]

Well, folks, cooler heads did prevail last week in regards to Energy Transfers request for a stay not to shut their pipeline down pending an appeal for the Dakota Access Pipeline (“DAPL”) was denied

Cenovus Energy Inc., Husky Energy Inc. and Baytex Energy Corp. are among companies that have opened up production. According to Chief Executive Officer, Brad Corson…

“The opportunity is often lost by deliberating.” Publilius Syrus

Natural gas prices fell to 25-year low last week. Natural gas prices fell below $1.50 per MMBtu last week, the lowest level since the early 1990’s

PFL was on a conference call last week with Russia’s Minister of Energy. Russia denies getting involved in any price war and are taking their compliance cuts very serious.

The DOW surged on Friday closing up 477.37 points (or 1.9%) to close out the week at 25,605.54 after a dramatic sell off just the day before where the DOW lost 1,861 points on the day.

Coronavirus, COVID-19, North American Rig Count, Rail Report, railcar volumes