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Good News for DM&E
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[quote]QUOTE: <i>Originally posted by CSSHEGEWISCH</i> <br /><br />I'll believe that the line into the Powder River Basin is going to be built when I see the contracts being put out for bid. Since there hasn't been any great ru***o lend money to DM&E at a reasonable rate, I don't think that the line will ever be built, unless FM has some financiers lined up that nobody else knows about. <br />[/quote] <br /> <br />Well, the more things change the more they stay the same. <br /> <br />No one rushed to finance the original transcons either. Given the overwhelming increase in risk associated with new capital intesive projects since those days a century and more ago, it's not suprising we need the feds to step in for financing.
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