Tuesday, December 24, 2024

Canada Can’t Move its Oil: Crude-by-Rail Terminals Sit Idle while Demand for Oil Grows

From Bloomberg/The Star Stranded Canadian crude is waiting for trains to take it to U.S. refineries After spending hundreds of millions of dollars building rail terminals able to handle more than a million barrels a day of oil, Canadian crude producers are discovering that all the loading capacity in the world isn’t sufficient if rail companies don’t provide enough locomotives

Boeing Delivers First Fuel-Stingy 787-10 Dreamliner: Price ~ $1 Million per Seat

Light-weight carbon composite jet popular on Asian routes – 223 feet long, 6,400 mile range, 326 passengers From Reuters Boeing Co (BA) delivered its first 787-10 Dreamliner to Singapore Airlines (SIAL.SI) on Sunday, rounding out a family of lightweight jets on which the U.S. planemaker is betting its future. The ceremonial key to the plane was handed to Singapore Airlines