{"id":12590,"date":"2023-11-06T05:14:00","date_gmt":"2023-11-06T10:14:00","guid":{"rendered":"https:\/\/pflpetroleum.com\/reports\/?p=12590"},"modified":"2023-12-21T12:49:41","modified_gmt":"2023-12-21T17:49:41","slug":"pfl-railcar-report-11-6-2023","status":"publish","type":"post","link":"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/","title":{"rendered":"PFL Railcar Report 11-6-2023"},"content":{"rendered":"\n<p class=\"has-text-align-center\"><strong><em>\u201cContradictory little pieces of truth are a fact of life. But when we are willing to embrace and piece them together, we instantly discern them as different perspectives of the same enduring wisdom.\u201d<\/em><\/strong><strong><em><\/em><\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong><em>\u2015 <\/em><\/strong><strong>Tunde Salami<\/strong><strong><\/strong><\/p>\n\n\n\n<center><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/cDqEw4UG8ZY\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen title=\"Navigating the Tracks: PFLs Podcast on Rail Markets and Energy Economics July 3rd, 2023\"><\/iframe><\/center>\n\n\n\n<div style=\"height:21px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><u>Jobs Update<\/u><\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><u>Initial jobless claims for the week ending October 28th, 2023 came in at 217,000<\/u><\/strong>, up 5,000 people week-over-week.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"797\" height=\"412\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/1a-Initial-Jobless-Claims-11-6-2023.png\" alt=\"\" class=\"wp-image-12591\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/1a-Initial-Jobless-Claims-11-6-2023.png 797w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/1a-Initial-Jobless-Claims-11-6-2023-300x155.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/1a-Initial-Jobless-Claims-11-6-2023-768x397.png 768w\" sizes=\"auto, (max-width: 797px) 100vw, 797px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong><u>Continuing jobless claims came in at 1.818 million people<\/u><\/strong>, versus the adjusted number of 1.783 million people from the week prior, up 35,000 people week-over-week.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"796\" height=\"461\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/1b-Cont-Jobless-Claims-11-6-2023.png\" alt=\"\" class=\"wp-image-12592\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/1b-Cont-Jobless-Claims-11-6-2023.png 796w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/1b-Cont-Jobless-Claims-11-6-2023-300x174.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/1b-Cont-Jobless-Claims-11-6-2023-768x445.png 768w\" sizes=\"auto, (max-width: 796px) 100vw, 796px\" \/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><u>Stocks closed higher on Friday of last week and up week over week<\/u><\/strong><\/h4>\n\n\n\n<p><strong><u>The DOW closed higher on Friday of last week, up 224.24 points<\/u><\/strong> (+0.66%), closing out the week at 34,061.31, up 1,643.73 points week-over-week. <strong><u>The S&amp;P 500 closed higher on Friday of last week, up 40.56 points<\/u><\/strong> (+0.94%), and closed out the week at 4,358.34, up 240.97 points week-over-week. <strong><u>The NASDAQ closed higher on Friday of last week, up 184.09 points<\/u><\/strong> (+1.46%), and closed the week at 13,478.28, up 835.27 points week-over-week.<\/p>\n\n\n\n<p>In overnight trading, DOW futures traded higher and are expected to open at 34,165 this morning up 28 points.<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><u>Crude oil closed lower on Friday of last week and lower week over week<\/u><\/strong><\/h4>\n\n\n\n<p><strong><u>WTI traded down -$1.95 per barrel (-2.4%) to close at $80.51 per barrel <\/u><\/strong>on Friday of last week, down -$5.03 per barrel week-over-week<strong>.<\/strong> <strong><u>Brent traded down US$1.96 per barrel (-2.3%) on Friday of last week, to close at US$84.89 per barrel<\/u><\/strong>, down -US$5.59 per barrel week-over-week.<\/p>\n\n\n\n<p><strong><u>U.S. commercial crude oil inventories<\/u><\/strong> (excluding those in the Strategic Petroleum Reserve) <strong><u>increased by 800,000 barrels<\/u><\/strong> week-over-week. At 421.9 million barrels, <strong><u>U.S. crude oil inventories are 5% below the five-year average for this time of year. <\/u><\/strong><strong><u><\/u><\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"919\" height=\"401\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/2-weekly-us-total-crude-stocks-11-6-2023.png\" alt=\"\" class=\"wp-image-12593\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/2-weekly-us-total-crude-stocks-11-6-2023.png 919w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/2-weekly-us-total-crude-stocks-11-6-2023-300x131.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/2-weekly-us-total-crude-stocks-11-6-2023-768x335.png 768w\" sizes=\"auto, (max-width: 919px) 100vw, 919px\" \/><\/figure>\n<\/div>\n\n\n<p><strong><u>Total motor gasoline inventories increased by 100,000 barrels<\/u><\/strong> week-over-week and are 2% above the five-year average for this time of year.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"919\" height=\"400\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/3-Weekly-US-Ending-Stocks-of-Total-Gasoline-11-6-2023.png\" alt=\"\" class=\"wp-image-12594\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/3-Weekly-US-Ending-Stocks-of-Total-Gasoline-11-6-2023.png 919w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/3-Weekly-US-Ending-Stocks-of-Total-Gasoline-11-6-2023-300x131.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/3-Weekly-US-Ending-Stocks-of-Total-Gasoline-11-6-2023-768x334.png 768w\" sizes=\"auto, (max-width: 919px) 100vw, 919px\" \/><\/figure>\n<\/div>\n\n\n<p><strong><u>Distillate fuel inventories decreased by 800,000 barrels<\/u><\/strong> week-over-week and are 12% below the five-year average for this time of year.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"919\" height=\"399\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/4-Ending-Stocks-of-Distillate-Fuel-Oil-11-6-2023.png\" alt=\"\" class=\"wp-image-12595\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/4-Ending-Stocks-of-Distillate-Fuel-Oil-11-6-2023.png 919w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/4-Ending-Stocks-of-Distillate-Fuel-Oil-11-6-2023-300x130.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/4-Ending-Stocks-of-Distillate-Fuel-Oil-11-6-2023-768x333.png 768w\" sizes=\"auto, (max-width: 919px) 100vw, 919px\" \/><\/figure>\n<\/div>\n\n\n<p><strong><u>Propane\/propylene inventories decreased by 1.2 million barrels<\/u><\/strong> week-over-week and are 16% above the five-year average for this time of year.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"919\" height=\"399\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/5-propane-and-propylene-excluding-terminal-11-6-2023.png\" alt=\"\" class=\"wp-image-12596\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/5-propane-and-propylene-excluding-terminal-11-6-2023.png 919w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/5-propane-and-propylene-excluding-terminal-11-6-2023-300x130.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/5-propane-and-propylene-excluding-terminal-11-6-2023-768x333.png 768w\" sizes=\"auto, (max-width: 919px) 100vw, 919px\" \/><\/figure>\n<\/div>\n\n\n<p><strong><u>Propane prices closed at 65 cents per gallon, down 1 cent per gallon week-over-week,<\/u><\/strong> and down -21 cents per gallon year-over-year.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"919\" height=\"402\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/6-Propane-Mont-Belvieu-Pricing-11-6-2023.png\" alt=\"\" class=\"wp-image-12597\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/6-Propane-Mont-Belvieu-Pricing-11-6-2023.png 919w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/6-Propane-Mont-Belvieu-Pricing-11-6-2023-300x131.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/6-Propane-Mont-Belvieu-Pricing-11-6-2023-768x336.png 768w\" sizes=\"auto, (max-width: 919px) 100vw, 919px\" \/><\/figure>\n<\/div>\n\n\n<p><strong><u>Overall, total commercial petroleum inventories decreased by 3.1 million barrels<\/u><\/strong> during the week ending October 27, 2023.<\/p>\n\n\n\n<p><strong><u>U.S. crude oil imports averaged 6.4 million barrels per day <\/u><\/strong>during the week ending October 27, 2023<strong><u>, an increase of 412,000 barrels per day<\/u><\/strong> week-over-week. Over the past four weeks, <strong><u>crude oil imports averaged 6.2 million barrels per day,<\/u><\/strong> 1.4% more than the same four-week period last year.<strong><u> Total motor gasoline imports<\/u><\/strong> (including both finished gasoline and gasoline blending components)<strong><u> averaged 557,000 barrels per day, and distillate fuel imports averaged 71,000 barrels per day <\/u><\/strong>during the week ending October 27, 2023<strong><u>.<\/u><\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"919\" height=\"394\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/7-US-imports-of-Crude-Oil-11-6-2023.png\" alt=\"\" class=\"wp-image-12598\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/7-US-imports-of-Crude-Oil-11-6-2023.png 919w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/7-US-imports-of-Crude-Oil-11-6-2023-300x129.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/7-US-imports-of-Crude-Oil-11-6-2023-768x329.png 768w\" sizes=\"auto, (max-width: 919px) 100vw, 919px\" \/><\/figure>\n<\/div>\n\n\n<p><strong><u>U.S. crude oil exports averaged 4.897 million barrels per day <\/u><\/strong>for the week ending October 27th, <strong><u>an increase of 64,000 barrels per day week-over-week. <\/u><\/strong>Over the past four weeks, crude oil exports averaged 4.525 million barrels per day.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"919\" height=\"400\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/8-US-Export-of-Crude-11-6-2023.png\" alt=\"\" class=\"wp-image-12599\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/8-US-Export-of-Crude-11-6-2023.png 919w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/8-US-Export-of-Crude-11-6-2023-300x131.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/8-US-Export-of-Crude-11-6-2023-768x334.png 768w\" sizes=\"auto, (max-width: 919px) 100vw, 919px\" \/><\/figure>\n\n\n\n<p><strong><u>U.S. crude oil refinery inputs averaged 15.3 million barrels per day<\/u><\/strong> during the week ending October 27, 2023, which was 62,000 barrels per day more week-over-week.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"919\" height=\"399\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/8-US-Refiner-Net-Input-of-Crude-11-6-2023.png\" alt=\"\" class=\"wp-image-12600\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/8-US-Refiner-Net-Input-of-Crude-11-6-2023.png 919w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/8-US-Refiner-Net-Input-of-Crude-11-6-2023-300x130.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/8-US-Refiner-Net-Input-of-Crude-11-6-2023-768x333.png 768w\" sizes=\"auto, (max-width: 919px) 100vw, 919px\" \/><\/figure>\n<\/div>\n\n\n<p>WTI is poised to open at $82.06, up&nbsp; $1.55 per barrel from Friday\u2019s close.<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\" id=\"north-american-rail-traffic\"><strong><u>North American Rail Traffic<\/u><\/strong><\/h4>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><em>Week Ending November 1st, 2023.<\/em><\/strong><\/h4>\n\n\n\n<p><strong><u>Total North American weekly rail volumes were down (-1.03%) in week 43,<\/u><\/strong> compared with the same week last year. Total carloads for the week ending on November 1st, 2023 were 354,915, down (-1.42%) compared with the same week in 2022, while weekly intermodal volume was 336,848, down (-0.61%) compared to the same week in 2022. 6 of the AAR\u2019s 11 major traffic categories posted year-over-year decreases with the most significant decrease coming from Coal (-7.5%). The largest increase came from Petroleum and Petroleum Products (+10.01%).<\/p>\n\n\n\n<p>In the East, <strong><u>CSX\u2019s total volumes were down (-1.13%)<\/u><\/strong>, with the largest decrease coming from Motor Vehicles and Parts (-3.13%) and the largest increase from Grain (+43.9%). <strong><u>NS\u2019s volumes were up (+1.02%),<\/u><\/strong> with the largest decrease coming from Nonmetallic Minerals (-11.82%) and the largest increase from Forest Products (+7.17%).<\/p>\n\n\n\n<p>In the West, <strong><u>BN\u2019s total volumes were down (-4.04%)<\/u><\/strong>, with the largest decrease coming from Coal (-4.04%), and the largest increase coming from Other (+24.77%). <strong><u>UP\u2019s total rail volumes were up (+1.88%)<\/u><\/strong> with the largest decrease coming from Motor Vehicles and Parts (-12.83%) and the largest increase coming from Petroleum and Petroleum products (+48.72%).<\/p>\n\n\n\n<p>In Canada, <strong><u>CN\u2019s total rail volumes were down (-3.64%)<\/u><\/strong> with the largest increase coming from Other (+268.18%) and the largest decrease coming from Grain (-21.66%). <strong><u>CP\u2019s total rail volumes were up (+5.78%)<\/u><\/strong> with the largest decrease coming from Coal (-20.28%) and the largest increase coming from Motor Vehicles and Parts (+67.4%).<\/p>\n\n\n\n<p><strong><u>KCS\u2019s total rail volumes were down (-5.05%)<\/u><\/strong> with the largest decrease coming from Intermodal (-21.66%) and the largest increase coming from Coal (+46.74%).<\/p>\n\n\n\n<p class=\"has-text-align-center\"><a id=\"_msocom_1\"><\/a><strong>Source Data: AAR &#8211; PFL Analytics<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\" id=\"rig-count\"><strong><u>Rig Count<\/u><\/strong><\/h4>\n\n\n\n<p><strong><u>North American rig count was down by -7 rigs week-over-week. U.S. rig count was down by -7 rigs week-over-week<\/u><\/strong> and down by \u2013152 rigs year-over-year. The U.S. currently has 618 active rigs. <strong><u>Canada\u2019s rig count was flat week-over-week<\/u><\/strong> but down by -13 rigs year over year.&nbsp; Canada\u2019s overall rig count is 196 active rigs.&nbsp; Overall, <strong><u>year-over-year, we are down -165 rigs collectively.<\/u><\/strong><\/p>\n\n\n\n<p><strong><u>International rig count, which is reported monthly, was up by +22 rigs month-over-month and up +51 rigs year-over-year. Internationally there are 962 active rigs.<\/u><\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\" id=\"north-american-rig-count-summary\"><u><strong>North American Rig Count Summary<\/strong><\/u><\/h4>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"716\" height=\"107\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/9-Rig-Count-Summary-11-6-2023.png\" alt=\"\" class=\"wp-image-12606\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/9-Rig-Count-Summary-11-6-2023.png 716w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/9-Rig-Count-Summary-11-6-2023-300x45.png 300w\" sizes=\"auto, (max-width: 716px) 100vw, 716px\" \/><\/figure>\n<\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"796\" height=\"375\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/9-Rig-Count-Summary-Chart-11-6-2023.png\" alt=\"\" class=\"wp-image-12607\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/9-Rig-Count-Summary-Chart-11-6-2023.png 796w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/9-Rig-Count-Summary-Chart-11-6-2023-300x141.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/9-Rig-Count-Summary-Chart-11-6-2023-768x362.png 768w\" sizes=\"auto, (max-width: 796px) 100vw, 796px\" \/><\/figure>\n<\/div>\n\n\n<h3 class=\"wp-block-heading has-text-align-center\"><strong><u>A few things we are watching:<\/u><\/strong><\/h3>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><em>We are watching Petroleum Carloads<\/em><\/strong><\/h4>\n\n\n\n<p><strong><u>The four-week rolling average of petroleum carloads carried on the six largest North American railroads rose to 28,226 from 28,005, which was a gain of +221 rail cars week-over-week.<\/u>&nbsp; <\/strong>Folks, this is the ninth consecutive week-over-week increase!<strong> <u>Canadian volumes were mixed. <\/u><\/strong>CPKC\u2019s shipments decreased by -4.8% week over week, and CN\u2019s volumes were higher by +3.7% week-over-week.<strong> <u>U.S. shipments were mostly higher. <\/u><\/strong>The BN was the sole decliner and was down by -2.5% week-over-week.&nbsp; The NS had the largest percentage increase and was up by 9.5%<\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><a><\/a><strong><em>We are watching Crude by Rail out of Canada<\/em><\/strong><\/h4>\n\n\n\n<p><strong><u>The Canadian Energy Regulator (\u201cCER\u201d) updated its monthly crude by rail numbers on October 27, 2023. For August 2023, <\/u><\/strong>Canada exported 148,651 barrels per day by rail <strong><u>(up by +34,867 barrels per day month over month) and continues to move higher<\/u><\/strong>.&nbsp; This is now the third consecutive month-over-month increase and its highest reading since August of 2022.<\/p>\n\n\n\n<p><strong><u>We were expecting to see volumes increase as we headed into the month of August, as the weather continued to be warm and producers continued to build inventory.<\/u><\/strong> Basis numbers continue to look very favorable as Transmountain continues to get delayed. <a href=\"http:\/\/www.oneexchangecorp.com\/\"><strong>One Exchange\u2019s Western Canadian Select Contract<\/strong> <strong> <\/strong>(WCS)<\/a> settled on Friday of last week at US$28.10 per barrel below the WTI-CMA. (\u201cWest Texas Intermediate \u2013 Calendar Month Average\u201d) The implied value was US$52.00 per barrel.&nbsp; On Thursday, it settled at US$27.25 per barrel below the WTI-CMA for October delivery. The implied value was US$54.75 per barrel.&nbsp; Trans Mountain is now expected to come on in Q1 2024.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"586\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/Canadian-Crude-Oil--1024x586.png\" alt=\"\" class=\"wp-image-12612\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/Canadian-Crude-Oil--1024x586.png 1024w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/Canadian-Crude-Oil--300x172.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/Canadian-Crude-Oil--768x440.png 768w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/Canadian-Crude-Oil-.png 1195w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><em>We are watching The Mountain Valley Pipeline<\/em><\/strong><\/h4>\n\n\n\n<p><strong><u>Natural Gas pipeline company backed by EQT-Equitrans Midstream, remains on track to complete the Mountain Valley natural gas pipeline from West Virginia to Virginia in the first quarter of 2024<\/u><\/strong> at an estimated cost of $7.2 billion, they said on Tuesday of last week. That is the same timeline and cost that the company reported in mid-October, which was a revision from a prior completion estimate of the end of 2023 and a cost of around $6.6 billion.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong><u>Mountain Valley Pipeline<\/u><\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"624\" height=\"378\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/Mountain-Valley.png\" alt=\"\" class=\"wp-image-12613\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/Mountain-Valley.png 624w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/Mountain-Valley-300x182.png 300w\" sizes=\"auto, (max-width: 624px) 100vw, 624px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"has-text-align-center\"><strong>Source: MVP \u2013 PFL Analytics<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><a><\/a><strong><em>We are Watching Some Key Economic Indicators<\/em><\/strong><\/h4>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><u>Purchasing Managers Index (PMI)<\/u><\/strong><\/h4>\n\n\n\n<p>The Institute for Supply Management releases two PMI reports \u2013 one covering manufacturing and the other covering services. These reports are based on surveys of supply managers across the country and track changes in business activity. <strong><u>A reading above 50% on the index indicates expansion, while a reading below 50% signifies contraction, <\/u><\/strong>with a faster pace of change the farther the reading is from 50. In October, the PMI decreased to 46.7 from September 49%, marking the twelfth consecutive month of readings below 50% and a 2.3% decrease month over month. Meanwhile, the new order subindex fell 3.7 percentage points from 49.2% in September to 45.5% in October.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"561\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/pmi-11-5-1024x561.png\" alt=\"\" class=\"wp-image-12614\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/pmi-11-5-1024x561.png 1024w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/pmi-11-5-300x164.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/pmi-11-5-768x421.png 768w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/pmi-11-5.png 1245w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><u>Industrial Output &amp; Capacity Utilization<\/u><\/strong><\/h4>\n\n\n\n<p><strong><u>The Federal Reserve reported that total U.S. industrial output rose a preliminary 0.3% in September <\/u><\/strong>2023 over August 2023.&nbsp;&nbsp; September\u2019s increase brought total industrial production to its highest level since December 2018. For manufacturing output, which is about 75% of total output, September was up a preliminary 0.4% from August, matching the biggest month-to-month gain in five months. However, manufacturing output in September 2023 was still down 0.8% from September 2022, the seventh straight month with negative year-over-year output.<\/p>\n\n\n\n<p><strong><u>The overall industrial capacity utilization rate \u2014 which measures how much \u201cslack\u201d is available in the industrial economy \u2014 was a preliminary 79.7%<\/u><\/strong> in September, about where it\u2019s been for the past nine months. For manufacturing, capacity utilization in September was a preliminary 77.8%; for the past few months, it\u2019s been a bit lower than it was in the first part of 2023.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"532\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/in-out-cap-1024x532.png\" alt=\"\" class=\"wp-image-12615\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/in-out-cap-1024x532.png 1024w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/in-out-cap-300x156.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/in-out-cap-768x399.png 768w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/in-out-cap.png 1195w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><u>U.S. Unemployment Rate<\/u><\/strong><\/h4>\n\n\n\n<p><strong><u>According to the Bureau of Labor Statistics (BLS), a preliminary 150,000 net new jobs were created in October 2023.<\/u> <\/strong>That\u2019s half the 297,000 created in September and not far from the 165,000 created in August. The August and September numbers were revisions (in both cases, down 62,000) from the corresponding figures released last month. <strong><u>October jobs data included a decline of 33,000 auto manufacturing jobs, reflecting the impact of the UAW strike that has now been settled<\/u>. <\/strong>The official overall <strong>unemployment rate<\/strong> rose to <strong><u>3.9%<\/u><\/strong> in October from 3.8% in August and September.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"483\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/unemployment-1024x483.png\" alt=\"\" class=\"wp-image-12616\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/unemployment-1024x483.png 1024w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/unemployment-300x141.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/unemployment-768x362.png 768w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/unemployment.png 1192w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><u>Consumer Confidence<\/u><\/strong><\/h4>\n\n\n\n<p>The Conference Board\u2019s Index of <strong><u>Consumer Confidence decreased in October to 102.6<\/u><\/strong> down from a revised 104.3 in September and well below its recent peak of 114.0 in July<strong><u>. It\u2019s now the lowest it\u2019s been in 2023.<\/u><\/strong>&nbsp; Consumers continued to be preoccupied with rising prices in general and for grocery and gasoline prices in particular. Consumers also expressed concerns about the political situation and higher interest rates. Worries around war\/conflicts also rose, amid the recent turmoil in the Middle East. The University of Michigan\u2019s index of consumer sentiment fell from 67.9 in September to 63.8 in October.&nbsp; We expect a continued erosion of consumer sentiment unless things change really fast.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"464\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/con-con-1024x464.png\" alt=\"\" class=\"wp-image-12617\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/con-con-1024x464.png 1024w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/con-con-300x136.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/con-con-768x348.png 768w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/con-con.png 1245w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><u>Consumer Spending<\/u><\/strong><\/h4>\n\n\n\n<p><strong><u>Without being <\/u><\/strong>adjusted for inflation, total U.S. consumer spending rose a preliminary 0.7% in September over August, the third month-over-month increase so far this year. Spending on goods rose a preliminary 0.7% in September, matching August. Spending on services rose 0.8% in September, up from a 0.3% increase in August. <strong><u>After accounting for inflation, total spending grew 0.4% in September, up from 0.1% in August<\/u><\/strong> and slightly above the average so far this year.<\/p>\n\n\n\n<p>The increase in consumer spending comes despite rising interest rates (including on credit cards),&nbsp; high inflation, and a resumption in student loan payments for millions of Americans.<\/p>\n\n\n\n<p>Consumer spending grew 4.0% in Q3 2023 over Q2 2022 and accounted for 2.7 of the 4.9 percentage points gain in Q3 GDP.<\/p>\n\n\n\n<p><strong><u>What is troubling is personal savings as a percentage of disposable income fell from 4.0% in August to 3.4% in September.<\/u><\/strong> That\u2019s half the 6.8% average from 2018 to 2019, before the pandemic. Savings represent a rainy day fund. At some point, consumers could decide it\u2019s going to rain soon and they should save more, which would make it harder for them to maintain current spending levels.&nbsp; We expect to see a slowdown in spending, which fundamentally has to happen in our opinion.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"592\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/PCE-1024x592.png\" alt=\"\" class=\"wp-image-12618\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/PCE-1024x592.png 1024w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/PCE-300x173.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/PCE-768x444.png 768w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/PCE.png 1195w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong><u>GDP<\/u><\/strong><\/h4>\n\n\n\n<p><strong><u>The U.S. economy grew an inflation-adjusted 4.9% in Q3 2023 over Q2 2023, according to preliminary data released by the Bureau of Economic Analysis on October 26. <\/u><\/strong>That\u2019s the best quarterly GDP growth rate since Q4 2021.<\/p>\n\n\n\n<p><strong><u>Consumer spending is about 70% of GDP<\/u><\/strong>. It grew 4.0% in Q3 (up from 0.8% in Q2) and was responsible for 2.7 of the 4.9 percentage points gain in Q3. Spending has been holding up well because of a strong job market and associated wage gains; slower inflation; and pandemic-related savings that haven\u2019t yet been fully depleted.<\/p>\n\n\n\n<p><strong><u>Growing inventory levels and government spending added 1.3 and 0.8 percentage points, respectively, to Q3 growth. <\/u><\/strong>New home sales contributed 0.2 percentage points, its first positive contribution in the past 10 quarters. A low supply of existing homes for sale has helped spur new home construction.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"593\" src=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/GPD-1024x593.png\" alt=\"\" class=\"wp-image-12619\" srcset=\"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/GPD-1024x593.png 1024w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/GPD-300x174.png 300w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/GPD-768x445.png 768w, https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2023\/11\/GPD.png 1245w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"has-text-align-center\"><strong><u><mark style=\"background-color:rgba(0, 0, 0, 0);color:#086aa3\" class=\"has-inline-color\">We have been extremely busy at PFL with return-on-lease programs involving rail car storage instead of returning cars to a shop.&nbsp; A quick turnaround is what we all want and need. &nbsp;&nbsp;Railcar storage in general has been extremely active.&nbsp; Please call PFL now at 239-390-2885 if you are looking for rail car storage, want to troubleshoot a return on lease scenario, or have storage availability.&nbsp; Whether you are a car owner, lessor or lessee, or even a class 1 that wants to help out a customer we are here to \u201chelp you help your customer!\u201d<\/mark><\/u><\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center has-vivid-red-color has-text-color\"><strong><u><strong><u>Leasing and Subleasing has been brisk as economic activity picks up. Inquiries have continued to be brisk and strong Call PFL Today for all your rail car needs at 239-390-2885<\/u><\/strong><\/u><\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong>Lease Bids<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>25, 3230 PD Hoppers needed off of NS or CSX in Ohio for 5 Years. Cars are needed for use in Flyash service.<\/li>\n\n\n\n<li>20, 30K 117R or 117J Tanks needed off of UP or BN in Midwest for 6 Months. Cars are needed for use in Ethanol service.<\/li>\n\n\n\n<li>150, 29.2K 117R, 117J, DOT 111 Tanks needed off of CN or CP in Sarnia for 1 Year. Cars are needed for use in Fuel Oil service.<\/li>\n\n\n\n<li>50, 23.5-25.5 Dot 111 Tanks needed off of Any Class 1 in USA for 5 Years. Cars are needed for use in Asphalt service.<\/li>\n\n\n\n<li>3, 23.5-25.5 Any Tanks needed off of Any Class 1 in Port Allen, LA for 90 Days. Cars are needed for use in Fuel Oil service.<\/li>\n\n\n\n<li>3, 23.5-25.5 Any Tanks needed off of Any Class 1 in Natchez, MS for 90 Days. Cars are needed for use in Fuel Oil service.<\/li>\n\n\n\n<li>100, 30K Any Tanks needed off of Any Class 1 in Chicago for December 23-May 24. Cars are needed for use in Gasoline service.<\/li>\n\n\n\n<li>10, 2500CF Open Top Hoppers needed off of UP or BN in Texas for 5 Years. Cars are needed for use in aggregate service. Need Rapid Discharge Doors<\/li>\n\n\n\n<li>108, 28.3K Any Tanks needed off of CN in Canada for 1-3 Years. Cars are needed for use in Crude service.<\/li>\n\n\n\n<li>20-25, 30 or 31.8K Tanks needed off of in Texas for 1-5 Years. Cars are needed for use in VGO service. NC\/NI<\/li>\n\n\n\n<li>3, 30 or 31.8K Tanks needed off of in Texas for 1-5 Years. Cars are needed for use in Naphtha service. NC\/NI<\/li>\n\n\n\n<li>10-20, 30 or 31.8K Tanks needed off of in Texas for 1-2 Years. Cars are needed for use in Diesel service. NC\/NI<\/li>\n\n\n\n<li>1, 30 or 31.8K Tanks needed off of in Texas for 6-12 Months. Cars are needed for use in Mono-Propylene Glycol service. NC\/NI<\/li>\n\n\n\n<li>30-100, 31.8K CPC 1232 Tanks needed off of UP or BN in Texas for Purchase or Lease. Cars are needed for use in refined product services.<\/li>\n\n\n\n<li>15, 30K 117 Tanks needed off of NS in SouthEast for 1 Year. Cars are needed for use in Diesel service.<\/li>\n\n\n\n<li>25, 33K 340W Pressure Tanks needed off of UP or BN in Midwest for Oct-March. Cars are needed for use in Propane service.<\/li>\n\n\n\n<li>20-25, 30K 117 Tanks needed off of UP or BN in Illinois for 5 Years. Cars are needed for use in Ethanol service.<\/li>\n\n\n\n<li>100, 28.3K Any Tanks needed off of UP or BN in Midwest\/Texas for 5 Years. Cars are needed for use in Veg Oils \/ Biodiesel service. Need to be Unlined<\/li>\n\n\n\n<li>25-50, 33K 400W Pressure Tanks needed off of CN or CP in Canada for Short Term. Cars are needed for use in Propylene service.<\/li>\n\n\n\n<li>50-100, 4550 Covered Hoppers needed off of UP or BN in Texas for 5 Years. Cars are needed for use in Grain service.<\/li>\n\n\n\n<li>10, 33K 340W Pressure Tanks needed off of CN in LA for 1 Year. Cars are needed for use in Butane service.<\/li>\n\n\n\n<li>25, 20.5K CPC1232 or 117J Tanks needed off of BNSF or UP in the west for 3-5 Years. Cars are needed for use in Magnesium chloride service. SDS onhand<\/li>\n\n\n\n<li>25-50, 25.5K 117J Tanks needed off of NS CSX in NorthEast for 5 Years. Cars are needed for use in Asphalt \/ Heavy Fuel Oil service.<\/li>\n\n\n\n<li>30-50, 33K 340W Pressure Tanks needed off of any class 1 in any location for 6-12 Months. Cars are needed for use in Propane service.<\/li>\n\n\n\n<li>15, 28.3K 117J Tanks needed off of any class 1 in any location for 3 years. Cars are needed for use in Glycerin &amp; Palm Oil service.<\/li>\n\n\n\n<li>30, 17K-20K 117J Tanks needed off of UP or BN in Midwest\/West Coast for 3-5 Years. Cars are needed for use in Caustic service.<\/li>\n\n\n\n<li>10, 286K 15.7K Tanks needed off of KCS in Texas for 1 Year. Cars are needed for use in Sulfuric Acid service. Needed next few months<\/li>\n\n\n\n<li>150, 23.5K DOT 111 Tanks needed off of any class 1 in LA for 2-3 Years. Cars are needed for use in Fluid service. Needed July<\/li>\n\n\n\n<li>25-50, 32K 340W Pressure Tanks needed off of NS or CSX in Marcellus for 1-2 Years. Cars are needed for use in Propane service.<\/li>\n\n\n\n<li>25-50, 30K DOT 111, 117, CPC 1232 Tanks needed off of CN or CP in WI, Sarnia for 1-2 Years. Cars are needed for use in Diesel service.<\/li>\n\n\n\n<li>10, 5200cf PD Hoppers needed off of UP in Colorado for 1-3 years. Cars are needed for use in Silica service. Call for details<\/li>\n\n\n\n<li>30-40, 286K DOT 113 Tanks needed off of CN or CP\/ UP in Canada\/MM for 5 Years. Cars are needed for use in CO2 service. Q1<\/li>\n\n\n\n<li>30, 30K DOT 111 Tanks needed off of UP in Texas for 1-3 Years. Cars are needed for use in Diesel service.<\/li>\n\n\n\n<li>25-50, 5000CF-5100CF Lined Hoppers needed off of BNSF, CSX, KCS, UP in Gulf LA for 3-10 years. Cars are needed for use in Dry sugar service. 3 bay gravity dump<\/li>\n\n\n\n<li>10, any capacity Stainless Steel Tanks needed off of any class 1 in Canada for 5-10 years. Cars are needed for use in Alcohol service.<\/li>\n\n\n\n<li>Up to 60, 5150cf Covered Hoppers needed off of CN, CSX, NS in the east or midwest for 3 years. Cars are needed for use in Fertilizer service. 3-4 hatch gravity dumps<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong>Sales Bids<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>100-150, 3400CF Covered Hoppers needed off of UP BN in Texas. Cars are needed for use in Sand service.<\/li>\n\n\n\n<li>8, 5200 Covered Hoppers needed off of various class 1s in various locations. Cars are needed for use in Plastic Pellet service.<\/li>\n\n\n\n<li>20, 17K DOT 111 Tanks needed off of various class 1s in various locations. Cars are needed for use in corn syrup service.<\/li>\n\n\n\n<li>20-30, 3000 &#8211; 3300 PDs Hoppers needed off of BN or UP preferred in West. Cars are needed for use in Cement service. C612<\/li>\n\n\n\n<li>10, 2770 Mill Gondolas needed off of any class 1 in St. Louis. Cars are needed for use in Cement service.<\/li>\n\n\n\n<li>20, 2770-3400 Mill Gondolas needed off of any class 1 in South Texas. Cars are needed for use in scrap metal service.<\/li>\n\n\n\n<li>100, 15.7K DOT 111 Tanks needed off of CSX or NS in the east. Cars are needed for use in Molten Sulfur service.<\/li>\n\n\n\n<li>30, 17K-20K DOT 111 Tanks needed off of UP or BN in Texas. Cars are needed for use in UAN service.<\/li>\n\n\n\n<li>20, 2770 Mill Gondolas needed off of CSX in the northeast. Cars are needed for use in non-haz soil service. 52-60 ft<\/li>\n\n\n\n<li>10, 4000 Open Hoppers needed off of CSX in the northeast. Cars are needed for use in scrap metal service. Open top hopper<\/li>\n\n\n\n<li>10, 6400 Open Hoppers needed off of CSX in the northeast. Cars are needed for use in wood chip service. Open top hopper, flat bottom<\/li>\n\n\n\n<li>20-25, 25.5K 117, DOT-111, CPC 1232 Tanks needed off of UP or BN in Texas. Cars are needed for use in Veg Oil service. Coiled and insulated<\/li>\n\n\n\n<li>15, 30K 117, DOT-111, CPC 1232 Tanks needed off of UP or BN in Texas. Cars are needed for use in Veg Oil service.<\/li>\n\n\n\n<li>45, 3000 cf PD Hoppers needed off of any class 1 in Texas. Negotiable<\/li>\n\n\n\n<li>1-2, Any DOT 111, 117, CPC 1232 Tanks needed off of any class 1 in Texas. Coiled and Insulated<\/li>\n\n\n\n<li>2-4, 28K DOT 111 Tanks needed off of BNSF Preferred in Minnesota. Cars are needed for use in Biodiesel service. Coiled and insulated<\/li>\n\n\n\n<li>100, Plate F Boxcars needed off of BN or UP in Texas.<\/li>\n\n\n\n<li>200+, 5000cf Covered Hoppers needed off of any class 1 in various locations.<\/li>\n\n\n\n<li>5, 3400CF Closed Hoppers needed off of any class 1 in Ohio. Cars are needed for use in Sand service.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong>Lease Offers<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>10, 28.3K, 117R Tanks located off of All Class Ones in St Louis. Cars are clean Call 239-390-2885 for more information<\/li>\n\n\n\n<li>75, 29.2K, DOT 111 Tanks located off of BN, CP in Moving In Midwest. Cars were last used in Bio. Free Move<\/li>\n\n\n\n<li>30, 31.8K, CPC 1232 Tanks located off of UP, BN in Texas. Cars were last used in Diesel. Call 239-390-2885 for more information<\/li>\n\n\n\n<li>25, 25.5K, DOT 111 Tanks located off of UP in Texas. Cars were last used in Heavy Fuel Oil. Call 239-390-2885 for more information<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\"><strong>Sales Offers<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>100-200, 31.8K, CPC 1232 Tanks located off of BN in Chicago. Dirty\/Clean<\/li>\n\n\n\n<li>100, 28.3K, 117J Tanks located off of various class 1s in multiple locations.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p class=\"has-text-align-center\"><strong>Call PFL today to discuss your needs and our availability and market reach. Whether you are looking to lease cars, lease out cars, buy cars, or sell cars call PFL today at 239-390-2885<\/strong><\/p>\n\n\n\n<p><strong><strong>PFL offers turn-key solutions to maximize your profitability. <\/strong>Our goal is to provide a win\/win scenario for all and we can handle virtually all of your railcar needs. Whether it\u2019s <strong><u>loaded storage, empty storage, subleasing or leasing excess cars, filling orders for cars wanted, <a aria-label=\"undefined (opens in a new tab)\" href=\"https:\/\/youtu.be\/tcf2z1riziI\" target=\"_blank\" rel=\"noreferrer noopener\">mobile railcar cleaning<\/a>, blasting, <a href=\"https:\/\/pflpetroleum.com\/railcarmaintenanceandrepair.html\" target=\"_blank\" rel=\"noreferrer noopener\">mobile railcar repair<\/a>, or <a href=\"https:\/\/pflpetroleum.com\/railcarscrapping.html\" target=\"_blank\" rel=\"noreferrer noopener\">scrapping<\/a> at strategic partner sites, <\/u><\/strong>PFL will do its best to assist you. PFL also assists fleets and lessors with<a href=\"https:\/\/pflpetroleum.com\/railcarleasingandsales.html\" target=\"_blank\" rel=\"noreferrer noopener\"> leases and sales<\/a> and offers <strong>Total Fleet Evaluation Services. <u>We will analyze your current leases, storage, and company objectives <\/u><\/strong>to draw up a plan of action. <strong><u>We will save Lessor and Lessee the headache and aggravation of navigating through this rapidly changing landscape<\/u><\/strong><\/strong>.<\/p>\n\n\n\n<p class=\"has-text-align-center has-vivid-red-color has-text-color\"><strong><u><strong><u><strong><u>PFL IS READY TO CLEAN CARS TODAY ON A MOBILE BASIS WE ARE CURRENTLY IN EAST TEXAS<\/u><\/strong><\/u><\/strong><\/u><\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<style>\r\n    #map {\r\n        height: 600px;\r\n        width: 100%;\r\n    }\r\n    #filterBar {\r\n        text-align: center;\r\n        margin: 20px 0;\r\n    }\r\n    table {\r\n        width: 100%;\r\n        border-collapse: collapse;\r\n        margin-top: 10px;\r\n        font-family: sans-serif;\r\n    }\r\n    th {\r\n        background-color: #020f52;\r\n        color: white;\r\n        padding: 8px;\r\n        border: 1px solid #ccc;\r\n        text-align: left;\r\n    }\r\n    td {\r\n        padding: 8px;\r\n        border: 1px solid #ccc;\r\n    }\r\n    tbody tr:nth-child(odd) {\r\n        background-color: #f9f9f9;\r\n    }\r\n    tbody tr:nth-child(even) {\r\n        background-color: #e8e8e8;\r\n    }\r\n    tr:nth-of-type(odd){background-color:#d7f6f7}\r\n    td{border:1px solid #ccc;padding:8px}\r\n#map{height:350px;max-width:100%}#dataTable,table{border-collapse:collapse;width:100%;height:400px;display:block;overflow:hidden;overflow-y:auto}th{background-color:#020f52;color:#fff;text-align:center;position:sticky;top:0},tr{border:1px solid #000}<\/style>\r\n<h3 align=\"center\">Live Railcar Markets<\/h3>\r\n            <style>.custom-table{width:100%;border-collapse:collapse}.custom-table td,.custom-table th{border:1px solid #ccc;padding:8px}body{margin:0;padding:0}.tab-container{display:flex}.tab{cursor:pointer;padding:10px;border:1px solid #ccc}.tab.active{background-color:#f0f0f0}.table-container{max-height:400px;overflow-y:auto}<\/style>\r\n                <div class=\"tab-container\">\r\n        <div class=\"tab active\" onclick='showTable(\"leaseOfferTable\", this)'>Lease Offers<\/div>\r\n        <div class=\"tab\" onclick='showTable(\"leaseBidsTable\", this)'>Lease Bids<\/div>\r\n        <div class=\"tab\" onclick='showTable(\"salesOffersTable\", this)'>Sales Offers<\/div>\r\n        <div class=\"tab\" onclick='showTable(\"salesBidsTable\", this)'>Sales Bids<\/div>\r\n    <\/div>\r\n    <div class=\"table-container\">\r\n        <table id=\"leaseOfferTable\" class=\"custom-table\" style=\"display:table\">\r\n            <thead>\r\n                <tr><th>CAT<\/th><th>Type<\/th><th>Capacity<\/th><th>GRL<\/th><th>QTY<\/th><th>LOC<\/th><th>Class<\/th><th>Prev. Use<\/th><th>Offer<\/th><th>Note<\/th><\/tr>\r\n            <\/thead>\r\n            <tbody><\/tbody>\r\n        <\/table>\r\n    <\/div>\r\n    <div class=\"table-container\">\r\n        <table id=\"leaseBidsTable\" class=\"custom-table\" style=\"display:none\">\r\n            <thead>\r\n                <tr><th>CAT<\/th><th>Type<\/th><th>Size<\/th><th>GRL<\/th><th>QTY<\/th><th>LOC<\/th><th>Class1<\/th><th>Term<\/th><th>Commodity<\/th><th>Offer<\/th><th>Note<\/th><\/tr>\r\n            <\/thead>\r\n            <tbody><\/tbody>\r\n        <\/table>\r\n    <\/div>\r\n    <div class=\"table-container\">\r\n        <table id=\"salesOffersTable\" class=\"custom-table\" style=\"display:none\">\r\n            <thead>\r\n                <tr><th>CAT<\/th><th>Type<\/th><th>Capacity<\/th><th>GRL<\/th><th>QTY<\/th><th>LOC<\/th><th>Class<\/th><th>Prev. Use<\/th><th>Clean<\/th><th>Offer<\/th><th>Note<\/th><\/tr>\r\n            <\/thead>\r\n            <tbody><\/tbody>\r\n        <\/table>\r\n    <\/div>\r\n    <div class=\"table-container\">\r\n        <table id=\"salesBidsTable\" class=\"custom-table\" style=\"display:none\">\r\n            <thead>\r\n                <tr><th>CAT<\/th><th>Type<\/th><th>Capacity<\/th><th>GRL<\/th><th>QTY<\/th><th>LOC<\/th><th>Class1<\/th><th>Commodity<\/th><th>Offer<\/th><th>Note<\/th><\/tr>\r\n            <\/thead>\r\n            <tbody><\/tbody>\r\n        <\/table>\r\n    <\/div>\r\n\r\n    <script>\r\n    function showTable(tableId, tabElement) {\r\n        const tables = document.querySelectorAll(\".custom-table\");\r\n        tables.forEach(table => table.style.display = \"none\");\r\n        document.getElementById(tableId).style.display = \"table\";\r\n        const tabs = document.querySelectorAll(\".tab\");\r\n        tabs.forEach(tab => tab.classList.remove(\"active\"));\r\n        tabElement.classList.add(\"active\");\r\n    }\r\n\r\n    function fetchData(url, tableId) {\r\n    fetch(url)\r\n        .then(response => response.json())\r\n        .then(data => {\r\n            const table = document.getElementById(tableId).getElementsByTagName('tbody')[0];\r\n            data.forEach(item => {\r\n                const row = table.insertRow();\r\n                Object.values(item).forEach(value => {\r\n                    const cell = row.insertCell();\r\n                    \/\/ Check if value is empty or null and set it to an empty string or custom string like '\u2014'\r\n                    cell.innerHTML = value ? value : '\u2014';  \/\/ Replace blank values with '\u2014' or leave as blank\r\n                });\r\n            });\r\n        })\r\n        .catch(error => console.error('Error fetching data:', error));\r\n}\r\n\r\n\r\n    \/\/ Fetch data for each section\r\n    fetchData('https:\/\/manifest.pflpetroleum.com\/api\/lease_offer.php', 'leaseOfferTable');\r\n    fetchData('https:\/\/manifest.pflpetroleum.com\/api\/lease_bids.php', 'leaseBidsTable');\r\n    fetchData('https:\/\/manifest.pflpetroleum.com\/api\/sales_offer.php', 'salesOffersTable');\r\n    fetchData('https:\/\/manifest.pflpetroleum.com\/api\/sales_bids.php', 'salesBidsTable');\r\n    <\/script>\n","protected":false},"excerpt":{"rendered":"<p>\u201cContradictory little pieces of truth are a fact of life. But when we are willing to embrace and piece them together, we instantly discern them as different perspectives of the same enduring wisdom.\u201d \u2015 Tunde Salami Jobs Update Stocks closed higher on Friday of last week and up week over week The DOW closed higher [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":748,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-12590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-railcar-report"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The PFL Railcar Market Report for November 6th, 2023<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Curtis Chandler\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"21 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/pfl-railcar-report-11-6-2023\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/pfl-railcar-report-11-6-2023\\\/\"},\"author\":{\"name\":\"Curtis Chandler\",\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/#\\\/schema\\\/person\\\/b52cec883a82d94540b07fb1f9e49319\"},\"headline\":\"PFL Railcar Report 11-6-2023\",\"datePublished\":\"2023-11-06T10:14:00+00:00\",\"dateModified\":\"2023-12-21T17:49:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/pfl-railcar-report-11-6-2023\\\/\"},\"wordCount\":3604,\"publisher\":{\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/pfl-railcar-report-11-6-2023\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/RailcarReport.jpg\",\"articleSection\":[\"Railcar Report\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/pfl-railcar-report-11-6-2023\\\/\",\"url\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/pfl-railcar-report-11-6-2023\\\/\",\"name\":\"The PFL Railcar Market Report for November 6th, 2023\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/pfl-railcar-report-11-6-2023\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/pfl-railcar-report-11-6-2023\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/RailcarReport.jpg\",\"datePublished\":\"2023-11-06T10:14:00+00:00\",\"dateModified\":\"2023-12-21T17:49:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/pfl-railcar-report-11-6-2023\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/pfl-railcar-report-11-6-2023\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/pfl-railcar-report-11-6-2023\\\/#primaryimage\",\"url\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/RailcarReport.jpg\",\"contentUrl\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/RailcarReport.jpg\",\"width\":1920,\"height\":1079},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/pfl-railcar-report-11-6-2023\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PFL Railcar Report 11-6-2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/#website\",\"url\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/\",\"name\":\"PFL Petroleum Services LTD\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/#organization\",\"name\":\"PFL Petroleum Services LTD\",\"url\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/wp-content\\\/uploads\\\/2020\\\/02\\\/instagramlogo.png\",\"contentUrl\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/wp-content\\\/uploads\\\/2020\\\/02\\\/instagramlogo.png\",\"width\":180,\"height\":180,\"caption\":\"PFL Petroleum Services LTD\"},\"image\":{\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/progressivefuelslimited\\\/\",\"https:\\\/\\\/x.com\\\/pflpetroleum\",\"https:\\\/\\\/www.instagram.com\\\/pflpetroleum\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/20513933\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCO9L3c7NjG9qoB1BmKf_Hsg\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/#\\\/schema\\\/person\\\/b52cec883a82d94540b07fb1f9e49319\",\"name\":\"Curtis Chandler\",\"description\":\"Throughout his career, Curtis has held various significant roles in renowned energy organizations. He served as the Principal &amp; Director of Blackstone Energy Services Inc. &amp; played a crucial role as the Managing Director of Collingwood Ethanol L.P. He also worked as a Partner at Intercontinental Energy Brokers Inc., specializing in derivatives. Curtis's also served as the Director of Marketing &amp; Supply at Novagas Clearinghouse Ltd., a subsidiary of Dynegy Canada Inc. Additionally, he held the position of VP at Great West Energy Ltd., a subsidiary of Bow Valley Energy Inc., where he played an instrumental role in establishing the company. Curtis also co-founded of Great West Energy with his father in 1988. During the rapid growth of Great West Energy, Curtis oversaw information systems, managed supply purchasing &amp; sales, &amp; played a pivotal role in new market development. Curtis also worked as a market maker at Novagas, responsible for pricing decisions across all regions of Canada. In 1994, he co-founded Chandler Energy Inc. (CEI) &amp; Chandler Energy Resources Inc. These companies quickly became prominent players in the Canadian natural gas market, moving substantial volumes of gas to customers in North America. Chandler Energy Resources collaborated with Dominion Energy &amp; Sabine to develop an underground natural gas storage facility near Edmonton, Alberta. Following these successes, Curtis established Intercontinental Energy Brokers in 1997, which emerged as a leading gas &amp; power broker in Europe before being sold to ICAP in 2003. Curtis Chandler's notable achievements and diverse experiences position him as a respected figure in the energy and rail industries.\",\"url\":\"https:\\\/\\\/pflpetroleum.com\\\/reports\\\/author\\\/curtis\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The PFL Railcar Market Report for November 6th, 2023","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/","twitter_misc":{"Written by":"Curtis Chandler","Est. reading time":"21 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/#article","isPartOf":{"@id":"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/"},"author":{"name":"Curtis Chandler","@id":"https:\/\/pflpetroleum.com\/reports\/#\/schema\/person\/b52cec883a82d94540b07fb1f9e49319"},"headline":"PFL Railcar Report 11-6-2023","datePublished":"2023-11-06T10:14:00+00:00","dateModified":"2023-12-21T17:49:41+00:00","mainEntityOfPage":{"@id":"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/"},"wordCount":3604,"publisher":{"@id":"https:\/\/pflpetroleum.com\/reports\/#organization"},"image":{"@id":"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2020\/05\/RailcarReport.jpg","articleSection":["Railcar Report"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/","url":"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/","name":"The PFL Railcar Market Report for November 6th, 2023","isPartOf":{"@id":"https:\/\/pflpetroleum.com\/reports\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/#primaryimage"},"image":{"@id":"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2020\/05\/RailcarReport.jpg","datePublished":"2023-11-06T10:14:00+00:00","dateModified":"2023-12-21T17:49:41+00:00","breadcrumb":{"@id":"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/#primaryimage","url":"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2020\/05\/RailcarReport.jpg","contentUrl":"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2020\/05\/RailcarReport.jpg","width":1920,"height":1079},{"@type":"BreadcrumbList","@id":"https:\/\/pflpetroleum.com\/reports\/pfl-railcar-report-11-6-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pflpetroleum.com\/reports\/"},{"@type":"ListItem","position":2,"name":"PFL Railcar Report 11-6-2023"}]},{"@type":"WebSite","@id":"https:\/\/pflpetroleum.com\/reports\/#website","url":"https:\/\/pflpetroleum.com\/reports\/","name":"PFL Petroleum Services LTD","description":"","publisher":{"@id":"https:\/\/pflpetroleum.com\/reports\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pflpetroleum.com\/reports\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/pflpetroleum.com\/reports\/#organization","name":"PFL Petroleum Services LTD","url":"https:\/\/pflpetroleum.com\/reports\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pflpetroleum.com\/reports\/#\/schema\/logo\/image\/","url":"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2020\/02\/instagramlogo.png","contentUrl":"https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2020\/02\/instagramlogo.png","width":180,"height":180,"caption":"PFL Petroleum Services LTD"},"image":{"@id":"https:\/\/pflpetroleum.com\/reports\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/progressivefuelslimited\/","https:\/\/x.com\/pflpetroleum","https:\/\/www.instagram.com\/pflpetroleum\/","https:\/\/www.linkedin.com\/company\/20513933","https:\/\/www.youtube.com\/channel\/UCO9L3c7NjG9qoB1BmKf_Hsg"]},{"@type":"Person","@id":"https:\/\/pflpetroleum.com\/reports\/#\/schema\/person\/b52cec883a82d94540b07fb1f9e49319","name":"Curtis Chandler","description":"Throughout his career, Curtis has held various significant roles in renowned energy organizations. He served as the Principal &amp; Director of Blackstone Energy Services Inc. &amp; played a crucial role as the Managing Director of Collingwood Ethanol L.P. He also worked as a Partner at Intercontinental Energy Brokers Inc., specializing in derivatives. Curtis's also served as the Director of Marketing &amp; Supply at Novagas Clearinghouse Ltd., a subsidiary of Dynegy Canada Inc. Additionally, he held the position of VP at Great West Energy Ltd., a subsidiary of Bow Valley Energy Inc., where he played an instrumental role in establishing the company. Curtis also co-founded of Great West Energy with his father in 1988. During the rapid growth of Great West Energy, Curtis oversaw information systems, managed supply purchasing &amp; sales, &amp; played a pivotal role in new market development. Curtis also worked as a market maker at Novagas, responsible for pricing decisions across all regions of Canada. In 1994, he co-founded Chandler Energy Inc. (CEI) &amp; Chandler Energy Resources Inc. These companies quickly became prominent players in the Canadian natural gas market, moving substantial volumes of gas to customers in North America. Chandler Energy Resources collaborated with Dominion Energy &amp; Sabine to develop an underground natural gas storage facility near Edmonton, Alberta. Following these successes, Curtis established Intercontinental Energy Brokers in 1997, which emerged as a leading gas &amp; power broker in Europe before being sold to ICAP in 2003. Curtis Chandler's notable achievements and diverse experiences position him as a respected figure in the energy and rail industries.","url":"https:\/\/pflpetroleum.com\/reports\/author\/curtis\/"}]}},"blog_post_layout_featured_media_urls":{"thumbnail":["https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2020\/05\/RailcarReport-150x150.jpg",150,150,true],"full":["https:\/\/pflpetroleum.com\/reports\/wp-content\/uploads\/2020\/05\/RailcarReport.jpg",1920,1079,false]},"categories_names":{"17":{"name":"Railcar Report","link":"https:\/\/pflpetroleum.com\/reports\/category\/railcar-report\/"}},"tags_names":[],"comments_number":"0","_links":{"self":[{"href":"https:\/\/pflpetroleum.com\/reports\/wp-json\/wp\/v2\/posts\/12590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pflpetroleum.com\/reports\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pflpetroleum.com\/reports\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pflpetroleum.com\/reports\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/pflpetroleum.com\/reports\/wp-json\/wp\/v2\/comments?post=12590"}],"version-history":[{"count":12,"href":"https:\/\/pflpetroleum.com\/reports\/wp-json\/wp\/v2\/posts\/12590\/revisions"}],"predecessor-version":[{"id":12966,"href":"https:\/\/pflpetroleum.com\/reports\/wp-json\/wp\/v2\/posts\/12590\/revisions\/12966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pflpetroleum.com\/reports\/wp-json\/wp\/v2\/media\/748"}],"wp:attachment":[{"href":"https:\/\/pflpetroleum.com\/reports\/wp-json\/wp\/v2\/media?parent=12590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pflpetroleum.com\/reports\/wp-json\/wp\/v2\/categories?post=12590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pflpetroleum.com\/reports\/wp-json\/wp\/v2\/tags?post=12590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}