“Yes. I think the differentiation there is sequential versus year-over-year, and year-over-year is going to continue to see some pressure. Sequential, we've seen as much pressure as we're going to see.”

In context

“dwind. And you've heard us talk before that we do have a portion of our coal contracts that have some mechanisms that link that pricing to natural gas pricing. And with what's happened with natural gas pricing, that certainly is flowing through in terms of some of the rates. We did that similar to intermodal in terms of keeping competitiveness for those players that are dispatching into the grid, keeping them competitive. And we're continuing to ship coal. Still profitable for us, but there is some pricing differentials there. So it really depends on how you see the rest of the year playing out in terms of how that's going to look. But if you just compare last year's nat gas prices to where we're at this year, that tells you there's going to be some ongoing pressure there. Lance Fritz : Yes. I think the differentiation there is sequential versus year-over-year, and year-over-year is going to continue to see some pressure. Sequential, we've seen as much pressure as we're going to see. Walter Spracklin : So kind of flat from this point going forward? Jennifer Hamann : It should be. I mean, obviously, watch natural gas prices. Operator: Our next question is from the line of Jason Seidl with TD Cowen. Jason Seidl : First off, Lance, good luck in the future, and congrats to both Jim and Beth, if they're listening in. Some quick things. I wanted to look a little bit about regulation. We've seen the FRA now is looking for a public comment period on train weights and lengths. Wanted to know if you guys think this is sort of a precursor for more regulation from them. And two, maybe if you could talk a little bit about anything anticipated on reciprocal switching. And lastly, squeezing in here, Jennifer, when was the last time you guys didn't repurchase shares in the quart”