• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 15 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 8 days Does Toyota Know Something That We Don’t?
  • 2 days America should go after China but it should be done in a wise way.
  • 8 days World could get rid of Putin and Russia but nobody is bold enough
  • 10 days China is using Chinese Names of Cities on their Border with Russia.
  • 11 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 11 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 10 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 16 hours Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 11 days Putin and Xi Bet on the Global South
  • 11 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
Kazakhstan Targets Fintech to Boost Revenue and Curb Tax Evasion

Kazakhstan Targets Fintech to Boost Revenue and Curb Tax Evasion

Kazakhstan's government is targeting fintech,…

Microwave Energy Could Fix The Biggest Problem Facing EVs

Microwave Energy Could Fix The Biggest Problem Facing EVs

Researchers from the University of…

Warren Buffett’s BNSF Railway to Begin Testing LNG Fuel

Most freight trains in the US run on dirty diesel fuelled engines, but it has been recently announced that BNSF railway, the railway company owned by Warren Buffett’s Berkshire Hathaway, will begin testing the use of liquefied natural gas (LNG).

BNSF claim that the motivation came from the fact that LNG emits far fewer greenhouse gases than diesel; although I imagine that being 88% cheaper than diesel also hangs in LNG’s favour.

Matthew Rose, the CEO and chairman of BSNF, stated that “the use of liquefied natural gas as an alternative fuel is a potential transformational change for our railroad and for our industry.

Related article: How Far Will the US Go to Derail Iran-Pakistan Pipeline?

While there are daunting technical and regulatory challenges still to be faced, this pilot project is an important first step that will allow BNSF to evaluate the technical and economic viability of the use of liquefied natural gas in through-freight service, potentially reducing fuel costs and greenhouse gas emissions, thereby providing environmental and energy security benefits to our nation.”

Before any tests can be made federal regulators must determine the safety of the new LNG fuel tanks, new supply systems would have to be devised in order to deliver the gas to the train depots, and depot workers would have to be trained in using the fuel.

BNSF has benefitted greatly from the boom in domestic oil production, as railways are becoming a more popular option for transporting the crude around the country. BNSF already ships around 10% of all oil produced in the US on a daily basis and Buffet has said that “all indications are that BNSF’s oil shipments will grow substantially in coming years.”

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News