Posted on 11/12/2015 3:02:20 PM PST by bananaman22
According to the Association of American Railroads shows that rail traffic continues to slow down, as shipments of a range of commodities are sharply lower from a year ago.
New data shows fewer shipped cargoes of coal, grain, metals, and oil across the United States in early November. For example, coal shipments are down 9.7 percent year-to-date compared to the same period in 2014. Cargoes of oil and other petroleum products are also down 7.7 percent over the same timeframe.
For coal, the slowdown is due to dramatic fall off in coal production. As more and more coal plants are shuttered because of cheap natural gas, growing renewable energy, and the tightening noose of environmental regulations, utilities need a lot less coal than they once did. That is putting a lot of coal producers out of business. U.S. coal production could hit just 921 million short tons in 2015, a decline of 7.5 percent from 2014 and the lowest total in nearly three decades.
(Excerpt) Read more at oilprice.com ...
As long as the chosen one gets “THE” agenda done..screw the fallout
When 10s of millions of people are without jobs, there is a much lower demand for oil.
Which is why Lord Foul nixed the Keystone Pipeline, his body was already losing money with his trains and the pipeline would have made it worse.
The EPA is causing the shuttering of coal fired utilities with insane regs. This is not based on common sense but the pagan religion that most all fed employees seem to believe.
Earth worship was also wide spread among the Nazi party. If a Repub manages to overcome the voter fraud and get elected each Fed employee should have to say what they believe and why to certain questions. Call it litmus test. Those who cannot give common sense answers should be fired. Period.
Why should Americans pay the anti-Americans to destroy us and our country? Hopefully it will be our turn to be the anti-anti-Americans.
Is Atlas starting to shrug?
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