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
- New Jersey’s “Vote Labor” Push led by SMART-TD’s Ron Sabol
- Better Short-Term Disability Benefits Coming in 2026
- 2025 Tentative Agreement Reached Between SMART-TD and Union Pacific
- Stand with Sister Nydia Sandoval on Monday!
- SMART Transportation Division Members Ratify New Five-Year Agreement with 18.77% Wage Increases and Enhanced Benefits
- Union Leadership Meets with New N.S. Trainees in McDonough, Georgia
- CSX Asks to keep Safety Reports out of the Crew Rooms, Injuries are Up, Fatalities Continue, and Transparency is Down
- WE WILL NOT “SHUT THE !#*$ UP AND DRIVE”!
- Railroad Retirement Benefits Set to Increase in January
- Semi Crushes Member in Decatur, Ill.