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
- NTS Day 3: Railroad safety improvements driven by member reports
- NTS Day 3: America’s transit safer because of union member efforts
- TD NTS: STB chair and vice chair address officers, assure labor will have input
- TTD president: Labor needs to stick together to maintain progress
- TD National Training Seminar begins; officers train to confidently represent union members
- SMART-TD transit union conducts first Bus/Transit Day on the Hill
- Chairperson ensures that new bus members get what’s owed to them
- LACMTA reconstitutes in-agency police force to protect workers, riders
- Open enrollment for the SMART-TD VLTD and VLIFE plans begins for rail and bus members
- SMART-TD excited to welcome Coaster to its passenger rail/commuter family