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To: railroader

Farmers around here (Indiana) are way behind on shipping harvest due to crude hogging the available shipping slots.
I assume it’s a bull market for railroads.


11 posted on 11/17/2014 2:21:15 PM PST by nascarnation (Impeach, Convict, Deport)
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To: nascarnation
Farmers around here (Indiana) are way behind on shipping harvest due to crude hogging the available shipping slots. I assume it’s a bull market for railroads.

What people don't realize is that even oil trains sit on sidings, and mainlines, for hours, or even days. Railroads failed to hire sufficient train crews.

I suspect they didn't want to go on a hiring binge or spend billions on capacity improvements only to have the traffic dry up if and when the price of oil collapses and fracking declined.
16 posted on 11/18/2014 9:08:20 AM PST by railroader
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