liquified natural gas


LNG: Locomotive fuel of the future?

Lately, I’ve been seeing a lot of excitement among the Wall Street analyst crowd over LNG (liquefied natural gas) and its potential as a locomotive fuel. The railroads have been relatively quiet about their recently renewed interest in LNG, choosing to pursue long-term testing without making too much noise, as they usually do. Yet, some analysts have latched on to these efforts, talking about LNG like it’s the Holy Grail. Are they on the mark, or will they wind up suffering from (pardon the pun; it’s too obvious to resist) gas cramps?