The Value of Alaskan oil.

Today marked an interesting day in the Oil Economy. First, Oil hit an all time intra-day high of $56.60. Second, the US Senate rejected, by the slimmest of margins (51-49), a motion to halt the approval of development of the oil rich ANWR area of Alaska. Proponents of developing ANWR love to say that it …

Hybrid Technology in Locomotives

Did you know that according to the EPA 6% of the diesel engines in America are deemed “railroad”? ie: Locomotives or smaller railyard “Shunters”. What’s more: Diesel locomotives released nearly 900,000 tons of NOX in 2002, about 8% of mobile source NOx emissions.27 8% of all mobile sources… marine, road, and construction. Not bad considering …