The latest release of the Annual Energy Outlook from the Energy Information Administration, part of the US DOE, says liquefied natural gas has potential to replace some of the 3.6 billion gallons of diesel fuel the nation's seven largest railroads burned in 2012. The diesel cost the railroads more than $11 billion, including $4.3 billion at Fort Worth-based BNSF Railway. A hurdle is the estimated $1 million per locomotive in added costs to burn LNG, the agency said. A link to the report, issued Monday, is here.
-- Jim Fuquay