Posts tagged pipelines
BACKGROUNDER: Potential Railroad Strike
September 14, 2022 // On Friday, September 16, 2022, railroad workers could go on strike. This would effectively shut down the nation’s freight rail system and have spillover effects on commuter rail like Amtrak, which is already canceling long-distance routes. If a strike or lockout occurs, Congress has the ability to intervene and has done so in the past. An economic analysis by the American Association of Railroads using the Federal Railroad Administration’s model found a railroad shutdown could cost our economy $2 billion per day. Similarly, a coalition of agricultural organizations said in a letter to Congress, “Uninterrupted rail service is vital to the American agricultural economy.”
U.S. Refining Output At Stake As Union Prepares To Strike
February 3, 2022 // A refinery strike right now would have an even graver impact on the industry than it would at any other time, with prices at the pump already too high for many. The last time refinery workers striked, in 2015, refineries had to slash production capacity by half, and one refinery shut down completely.