pipelines
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Rail
Feds issue final rule allowing liquefied natural gas by rail
The rule seeks to address Democrats’ concerns about the safety measures the railroads would take in transporting liquefied natural gas.
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News
For-hire freight declines in April worst since 2009
Rearview-looking government data confirms the stress for-hire transportation providers experienced in April. New cycle lows have built a foundation for recovery barring a pronounced second…
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Infrastructure
DOT using Postal Service to step up face mask distribution
15.6 million masks from FEMA going out to trucking, maritime, rail sectors.
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News
Canadian carrier ‘burning candle at both ends’ during rail blockades
Montreal-based Energy Transportation Group moving on loads of bulk commodities as nervous shippers lose patience with two-week disruption of Canada’s rail services from pipeline protests.
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Rail
Federal agency approves permit to transport liquefied natural gas via rail
The approval comes amid some objection by Congressional Democrats and a wider proposed rulemaking on the same issue.
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Canada
Alberta loses the ability to turn off oil taps – for now
Canadian federal judge suspends the province’s law allowing it to restrict the flow of oil and gas products to other provinces until a full court…
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News
LNG by rail could help protect U.S. maritime law
President Trump’s executive order would create new transportation option for capacity-constrained LNG markets.
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Energy
Targa misses fourth quarter consensus revenue target
Targa Resources Corp. (NYSE: TRGP) missed Wall Street’s fourth quarter consensus revenue expectations of $2.74 billion. The company’s revenue decreased nearly 3.9 percent year-over-year (Y/Y)…
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Canada
Protesting trucker blames the Canadian government for oil industry nose-dive
Ken Husband drove a tanker truck 2,000 miles from Alberta to the Canadian capital, Ottawa, because he says the Trudeau government is hurting the oil…
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Energy
Targa Resources sells stake in North Dakota shale to Blackstone Group
Targa Resources Corp. (NYSE: TRGP) has agreed to sell a 45 percent stake of Targa Badlands LLC (Badlands), the entity which holds all of Targa’s…
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