The Future is Upon Us, and it is Fast and Potentially Without Fuel.

By: Daniel Guttman / June 21, 2018

imgEarlier in the week Elon Musk’s Boring Company was greenlit to build a high speed transportation facility in Chicago. According to CNN, “The planned system, known as the Chicago Express Loop, will carry passengers in battery-powered vehicles through tunnels at speeds of up to 150 miles per hour. It will link downtown Chicago with O'Hare International Airport.” This all electric transportation system will be 100% privately funded and according to the Boring Company, “The Chicago Express Loop is three to four times faster than existing transportation systems between O’Hare Airport and downtown Chicago.” It seems that fantasy is starting to mesh into reality.

There are also several other projects on the horizon. There are proposals for “loops” between Pittsburgh and Chicago as well as L.A and to various parts of California. Wealthy companies like Virgin and Tesla are funding huge projects like Hyperloop One. The Boring Company, owned by Musk has also stated an east coast project through the nation’s capital, “ The proposed twin tunnels would run in parallel for approximately 35 miles from downtown DC to downtown Baltimore, beneath New York Avenue and then the Baltimore-Washington Parkway.  This would serve as the central artery for a potential future transportation network which would hopefully be extended to New York.” With the rise of autonomous vehicles and a drive for safety and a greener culture, it is interesting to see how much private funding is racing towards these large scale projects. Universities are also being included in the projects encouraging future generations to think of new travel possibilities. The future is here, it is fast, and only time will tell how it will impact the world.

Categories: transportation, express loop, hyperloop

Daniel Guttman

Written by

Daniel Guttman

With a background in wholesale and commercial sales as well as pipeline scheduling, Daniel is currently the Manager, Business Development in the Card Access Fuels department. He is tasked to find new and innovative solutions to increase sales opportunities for the sales team while managing and evaluating internal department processes. He assists with day to day personnel management, customer data analysis, as well as the daily Pacific Pride inventory and pricing direction.

Guttman Energy Daily Market Update Disclaimer – The information contained in this market update is derived from sources believed to be reliable; however this update could include technical inaccuracies or typographical errors and Guttman Energy does not guarantee the accuracy, completeness or reliability of this update. FURTHERMORE, THIS UPDATE IS PROVIDED "AS IS," WHERE IS, WITH ALL FAULTS AND WITHOUT ANY WARRANTY OR CONDITION OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY. GUTTMAN ENERGY ALSO SPECIFICALLY DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES. YOU USE THIS UPDATE AT YOUR SOLE RISK. This update and any view or comment expressed herein are provided for informational purposes only and should not be interpreted in any way as recommendation or inducement to buy or sell products, commodity futures or options contracts.


Subscribe to our blog

Price Feed

Stay up-to-date on current fuel prices and market trends with our NYMEX price feed (15 minute delay to the live market).

© 2018 Market data provided and hosted by Barchart Market Data Solutions. Fundamental company data provided by Morningstar and Zacks Investment Research. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.


Contact Us