US Railroads Move More Crude Oil Amid Drilling Boom

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US Railroads Move More Crude Oil Amid Drilling Boom
U.S. railroads are moving greater volumes of oil this year as the American shale drilling boom keeps churning out fossil fuels. Nine percent more crude oil and refined products traveled by rail from January to July than in the same period in 2013, according to industry statistics. The increase reflects rising U.S. crude oil production, which…

US Railroads Move More Crude Oil Amid Drilling Boom

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Seth Klarman’s 2021 Letter: Baupost’s “Never-Ending” Hunt For Information

Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More

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