For topics on Class I and II passenger and freight operations more general in nature and not specifically related to a specific railroad with its own forum.
Moderator: Jeff Smith
The upcoming imposition by the IMO(International Maritime Organization) of a limit of 0.5% sulfur on Marine fuels will have a negative impact on crude oil from Venezuela, and a lesser impact on other Oil Producing countries. Not many non-US refineries are capable of turning high-sulfur Crude Oil(Sour) into ULSD(Ultr-low Sulfur Diesel), and even for the ones that can process it you still need to dispose of the high-sulfur residue. For the US refineries this is expected to be into more and cheaper Asphalt, leading to the displacement of concrete for the building and renewal of highways.