FreightWaves SONAR: Repurposing Tank Cars For Crude Oil Storage Not Promising
Written by John Kingston, FreightWavesWith fears that the world is so overflowing with crude oil that markets will literally run out of places to put it, attention has turned to another option to hold it: railcars. But it doesn’t look like it’s going to happen, so those who need to be sure those railcars are available for other uses can breathe a sigh of relief.
![“Thanks to Secretary Pete [Buttigieg], USDOT, the Federal Railroad Administration and all our partners for making the S-Line passenger rail a reality!!” NCDOT Secretary Joey Hopkins said in a July 1 LinkedIn post. “Thanks to the hard work of our NCDOT team we broke ground on the first construction project in the Raleigh to Wake Forest segment, a $19M project to grade separate Durant Road 7 months after the grant announcement!!” (Photograph Courtesy of Joey Hopkins)](https://www.railwayage.com/wp-content/uploads/2024/07/slinelead-315x168.png)