RBN Energy on CBR: “All is not gloom and doom”
A few years back, crude-by-rail (CBR) “emerged as the go-to fix that enabled pipeline-constrained shale regions to move fast-increasing volumes of oil to market,” writes RBN Energy LLC analyst Housley Carr in Slow Train Coming: What’s Next for CBR. “But changes in the market—lower oil prices, slowing/declining production, new pipeline capacity—have been challenging and undermining CBR.”