% | $
Quotes you view appear here for quick access.

CAI International Inc. Message Board

  • hokieincanecountry hokieincanecountry Sep 7, 2012 7:09 AM Flag

    Shortage Of Tanker Rail Cars?

    I read where Delta Air Lines is planning to move crude from North Dakota by rail car to its new refinery in eastern Pennsylvania. There is a lack of pipelines out of North Dakota, which is now the second highest crude oil producing state in the USA (behind Texas).

    It makes me wonder where they will obtain the tanker rail cars. Obviously, there are now excess coal hoppers, due to competition from natural gas in the power generating industry (and the tightening of EPA regulations).

    Sentiment: Buy

4.94-0.29(-5.54%)Feb 11 4:02 PMEST