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

Increasing trade tensions with China since the latter part of 2019 coupled with the question on how China’s COVID-19 will impact global supply chains has been on the minds of those who work in the rail industry

Well folks, the United States are now open for business with all states now open in some capacity

“Politics is the ability to foretell what is going to happen tomorrow, next week, next month and next year and to have the ability afterwards to explain why it didn’t happen. ” Winston Churchill COVID 19 and Markets Update In the United States, we currently have 1.52 million confirmed COVID 19 cases and 89,932 confirmed deaths. […]

Total North American rail volumes were down 21.1% year over year in week 18 (U.S. -22.1%, Canada -15.8%, Mexico -29.4%), resulting in quarter to date volumes that are down 19.5% and year to date volumes that are down 9.9% (U.S. -11.4%, Canada -5.8%, Mexico -5.0%).