CBR Back In The News -- Warren Buffett Watching With Anticipation, No Doubt -- January 30, 2021

For investors in the rails, Biden is an absolute godsend. Whoo-hoo. 

Over the past week or so, I noted that three rails increased their dividends: two of the rails were Canadian and one was a US rail. I'm looking forward to an announcement from UNP in February regarding its next quarterly dividend. Six quarters without a dividend increase while others are increasing their dividends must be putting some pressure on UNP. We'll see.

From a reader, this link from S&P Global Platts: Canadian rails see CBR increasing on pipeline cancellations, uncertainty.

Takeaways:

• Biden XL cancellation increases reliance on CBR
• Canadian heavy crude proving to have resilient USGC demand
• CP Railway finishing construction to ship more from Hardisty

Wow, I haven't used the CBR or the CBR_Canada tags in a long, long time. I can hardly wait to use the CBR_Minnesota tag again. 

The great news: BNSF has had several years to enhance CBR infrastructure. My hunch: huge job opportunity in western North Dakota as moth-balled terminals are brought back on line. 

This will help with CO2 emissions. LOL.