Monday, April 6, 2015

Fewer Oil Trains Ply America's Rails

Princes Risborough railway station (4) - geogr...
According to the WSJ the growth in oil-train shipments fueled by the U.S. energy boom has stalled in recent months, dampened by safety problems and low crude prices.

Or does the Oil producers need to invest in more oil storage facilities. Could the stalled rail cars are a new storage strategy for an American oil market bursting at the seams?

Wouldn't that be something?

from Markets