(Source: Bloomberg, January 13, 2014)
NEW YORK — Even as the rout in crude prices spurs producers to curtail spending in the Bakken shale fields, BNSF is sticking to its $500 million plan to expand service to the area. The work spotlights an enduring challenge for the rail industry: how to time long-term capital programs when short-term forecasts can so often turn out wrong.
Full story: Bloomberg