OIL: Ending the Fuel Oil Scare

The railroads expect to hike their oil deliveries to the rationed East Coast another big notch this week to more than 800,000 barrels a day. Before fall they hope to cross the 1,000,000-barrel mark. That would mean rolling each of 62,000-odd tank cars close to 500 miles a day, far faster than the railroads ever highballed freight before.

Normal East Coast demand is 1,600,000 barrels, but gasoline rationing is already cutting this below 1,400,000.

When the railroads hit 1,000,000 barrels a day, the East can stop worrying about fuel-oil shortage, since barges, pipelines and local wells are now providing more than...

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