In 2011, U.S. railroad companies consumed a little over 3 billion gallons of diesel, nearly 5.5 percent of the total consumption for the entire country.
Oil is currently much more expensive than natural gas, which thanks to the shale boom, is at record low prices in the U.S. Switching engines to run on LNG instead of diesel is expected to help operators drastically cut their costs. Yet while most energy experts have predicted that LNG will not be ready for widespread consumption across the rail industry for a decade or more, Railway Age has stated that LNG powered locomotives will be common on U.S. railroads by 2016.
Read the complete story at Oil Price.com.
Related News
- SMART-TD Presidential Endorsement
- Report all transit assaults, help fight for change with SMART-TD’s new reporting tool
- Countdown To Election Day 2024!
- Workers Unite Against Keolis at Boston’s South Station
- Your Retirement Is At Risk In This Election
- Full slate of SMART-TD endorsements released
- Boston rally tomorrow 10/23: Stand with Keolis commuter railroad workers
- Annual rally brings workers together in Houston
- Oberman to TD: Vote for your own future
- RRB operating on temporary funding