[thackney]

Links to more info at the source

[samtheman]

OMG! AGW!

/s

[YankeeReb]

I wonder why we don't build more pipelines? I'm no engineer but I would think there would be less likelihood of spills and lower transportation costs if oil were shipped via pipeline.

Coincidentally, the Regime's pet Billionaire Warren Buffet, is heavily invested in railroads.

Just sayin'

[Rodamala]

Clarification- Checking the AAR release it states:

The AAR also reported U.S. Class I railroads originated 119,634 carloads of crude oil in the second quarter of 2014, 8.6 percent more than the first quarter of 2014 and the most ever in any quarter. In the first half of 2014, crude oil accounted for 1.6 percent of total originated carloads for U.S. Class I railroads.

Please note that it explicitly states these carloadings are only originations from Class I railroads. Many crude oil loadouts exist that are NOT directly served by Class I railroads, but shortlines... the "Mom and Pop" railroads of America, if you will.

I really don't know if AAR's data here really includes all CBR originations, just those by UP, BNSF, NS and CSX.