Union Pacific Once Again Surpasses Records for Moving Loaded Coal Trains Out of Wyoming
Omaha, Neb., January 07, 2009 Union Pacific today announced it has once again surpassed several all-time records for delivering coal out of Wyoming's Southern Powder River Basin (SPRB).
During 2008, Union Pacific set an all-time record by loading 13,212 trains out of the SPRB, 332 more trains than 2006, the previous yearly record. Union Pacific also loaded 204.6 million tons of coal out of the SPRB during 2008, eclipsing another all-time mark set in 2007 by 5 percent.
"Our investments in the Joint Line and throughout our coal network continue to pay dividends in terms of our coal train velocity and throughput" said Doug Glass, Union Pacific vice president and general manager - energy.
During December, Union Pacific moved 1,118 trains out of the SPRB for an average of 36.06 trains per day. Union Pacific's average train-per-day record was set during November 2007 at 38.63 trains per day.
The Union Pacific/BNSF Joint Line numbers during December included a loading average of 68.35 trains a day, and 24,829 loaded trains for the full year for a 4.4 percent increase over 2007.
SPRB Economic Advantage
On a cost per million BTU basis, coal from the Southern Powder River Basin (SPRB) continues to be one of the lowest cost energy alternatives in North America. Among the domestic coal regions, SPRB coal is about one-third as expensive as eastern options and is tied with Rocky Mountain coal for the lowest sulphur content. While domestic natural gas prices have dropped from historically high levels in 2004-05, SPRB coal remains a fraction of the cost of natural gas.
Coal and Coal-fired Electric Generation Plants
The United States has more coal than any other fuel, which translates to 25 percent of the world's supply of coal. Half of the United State's electricity comes from coal-fired electric generation plants and coal used to generate electricity is significantly cheaper than the cost of using most other fuels.
About Union Pacific
Union Pacific Corporation owns one of America's leading transportation companies. Its principal operating company, Union Pacific Railroad, links 23 states in the western two-thirds of the country and serves the fastest-growing U.S. population centers. Union Pacific's diversified business mix includes Agricultural Products, Automotive, Chemicals, Energy, Industrial Products and Intermodal. The railroad offers competitive long-haul routes from all major West Coast and Gulf Coast ports to eastern gateways. Union Pacific connects with Canada's rail systems and is the only railroad serving all six major gateways to Mexico, making it North America's premier rail franchise.
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