• 4 days Retail On Pace For Most Bankruptcies And Store Closures Ever In One Year: BDO
  • 10 minutes America Could Go Fully Electric Right Now
  • 6 hours Majors Oil COs diversify into Renewables ? What synergies forget have with Solar Panels and Wind Tirbines ? None !
  • 1 hour Something wicked this way comes
  • 6 hours A sneak peak into the US election
  • 2 hours America's Frontline Doctors - Safely Start Living Again!
  • 10 hours France Sees 10.6% EV Market Share In September — 4× Growth Year On Year
  • 1 day covid. stop the carriers and thus stop the virus.
  • 1 day "COVID Kills Another Oil Rally" by Tom Kool 10/16/2020
  • 2 days Is the coal industry on the way out?
  • 2 days GPOR - Gulfport Oil - Why?
  • 12 hours California’s Electric Vehicle Dream Has A Major Problem: No
  • 13 hours Tesla Model 3 Is September's Top Selling Car of All Vehicles in Switzerland
  • 2 days Tucker Carlson responds to CDC after agency critiques commentary about mask-wearing
  • 19 hours Vote Biden for Higher Oil Prices
  • 21 hours Permian in for Prosperous and Bright Future
  • 1 day Ethanol present in gasoline
Oil Jumps On Bullish EIA Inventory Report

Oil Jumps On Bullish EIA Inventory Report

Oil prices reversed course on…

The Geopolitical Influence Of Natural Gas

The Geopolitical Influence Of Natural Gas

Natural gas is becoming increasingly…

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

Oilprice - The No. 1 Source for Oil & Energy News