Outlaw oil on rail

[TOM4CWB]

Positive capacity increase as oil not there to haul
Better basis and prices as there will be competition into US by both RR

Oil prices fall in Canada fuel cheap

My buddy thinks too much complaining

[Hopperbin]

1 ton oil equals 6.5 barrels
1 barrel is 50 dollars
1 ton equals 325.00 per ton
8.86 dollar per bushel wheat equivalent usd
So for comparative 60 lbs of crude oil is worth 8.86usd dollars. 1.47 per gallon based on 10 lbs per gallon

Not sure of these numbers. Ro water sells for about a dollar to 1.25 per gallon. Seems a lot of work goes into oil compared to ro water.

[Hopperbin]

June crude is almost six percent higher than april. 36 percent per annum gain. To sell two months later.

[TOM4CWB]

BTW... Just kidding around... hope you knew that!

[TOM4CWB]

Hopper... it would be interesting to know... how much shippers pay... for the canadian distance... of our oil to US destinations! not much difference would be my educated guess?

Can someone find out, the cost of grain vs oil to the same US or Canadian port position please? Cost per tonmile for oil cars?

Arbitrage value added by shipping to alternate position... amount capture in percent by rail?

DO railco's lower freight rates... as oil price falls???

Might be of value to do a comparison for CTA submissions... service provisions/demurrage etc in rail shipping contracts !! !

What about lumber??? Cost per tonmile?