Description: The diesel-burning locomotive, the workhorse of American railroads since World War II, will soon begin burning natural gas — a potentially historic shift that could cut fuel costs, reduce pollution and strengthen the advantage railroads hold over trucks in long-haul shipping.
Date: Jan 25, 2014
Questions for Discussions:
- Do you think a wholesale shift over to gas is feasible for the industry?
- What are the financial pros and cons?
- What would a major adoption of gas mean for the gas and transportation industries?
- How would this affect investing and commodity prices of fuels in North America?