Gennesee and Wyoming is doing great as a fraking railroad on former coal lines.

[CandOforprogress2]

https://finance.yahoo.com/q/pr?s=GWR is Strategically located in the fraking zones of NW Pennsy and SW Ohio. While other railroads stock is moribond due to coal it seems that this short line holding company is in all the right places at the right times due to the gas boom carring frack sand and frack fluid and carrying oil and gas out. The B&P has the last 2 independent Oil refinerys in the US on its lines United Refinery in Warren PA and American Refinery in Bradford PA. This could be the salvation for other coal lines as well as the same geoformations that hold coal also tend to hold gas as well.

(BTW I am not recomending to buy sell or hold this stock by this post but just to do your own research and make youir own good judgement.)

[MidlandMike]

Yes, the fracking boom has given a number of Appalachian Basin RRs a kick in the pants.  Those 2 refineries are kind of small.  I drove by the Warren refinery a few years back, and it looked like something out an oil industry history book. 

While natural gas is often found incidental to coal seams, coal bed degasification has had a disastrous environmental history.  Oil and gas in commercial quantities is usually found in deeper than coal mining depths.

[Expressman's Kid]

The reference should be to Southeast Ohio not Southwest.  Within the last two years three Utica gas and oil gathering facilities have been built on the G&Y which was the former Pan Handle Division of the Pennsylvania Railroad from Pittsburgh, Pennsylvania to Columbus, Ohio.  The G&Y rebuilt the spur east of Jewett at Cadiz Junction south to just north of Cadiz at US Route 22.

The rebuilt section ends at a Utica gas and oil gathering center which has a railyard that can hold approximately 40 tank cars.  About five miles north on the spur and just south of Cadiz junction is a larger gas and oil gathering facility with a railyard that can hold approximately 100 tank cars.

About ten miles west on the main line at Scio is a third plant with a rail yard that can hold approximately 100 tank cars.

Approximately 60 miles west of Scio and just west of Frazeyburg is a refurbished oil gathering and transfer to tank car facility that holds about 20 tank cars with room for additional cars on a passing siding which used to be the second main line when this was double tracked.

I have no idea of the number of cars and the frequency of the oil shipments.  I also do not know if the oil traffic equals or exceeds the daily unit coal train that G&Y ran from Cadiz Junction to American Electric Power’s Conesville Power Plant.

"Mom!  99 is blowing for 16th Street.  Dad will be home soon."

 

 G&W not G&Y.

 

[samfp1943]

Not to mention "Spelling"  as well.  G&W  is " Genesee & Wyoming "  and finally, "Fracking"[ is shorthand for hydraulic fracturing].  

POSTING SOBER IS AN ADJUNCT TO CREDIBILITY.... I can appreciate a spelling mistake, occasionally; but to continuously do it shows a certain lack of respect for everyone else who comes here...

***Muchas Gracias. tpatrick, [the one mistake my wife did not catch   ]***

[tpatrick]

"a certain lack of disrespect." Think about that.