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Railroads Struggle to Deliver Coal to Utilities
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[quote]QUOTE: <i>Originally posted by TomDiehl</i> <br /><br />[quote]QUOTE: <i>Originally posted by futuremodal</i> <br /><br />And the quote of note: <br /> <br />"But it {adaquate coal deliveries} will take time because of the enormous task of expanding an industry that until only a few years ago was abandoning track as its business dwindled." <br /> <br />So, because of Staggers, we're paying higher energy bills. <br /> <br />[/quote] <br /> <br />The part of that quote of MORE note: "was abandoning track as its business dwindled." <br /> <br />Imagine that. A business cutting back the physical plant because business is going down. What were they thinking? <br />[/quote] <br /> <br />What?! Railroad business went down post Staggers? 'Cause that's when the real retrenchment began, <i>after</i> Staggers *revived* the rail industry. <br /> <br />That part of the quote of MORE note is notable only in that it states an outright falsehood, because railroad business did not "dwindle" after Staggers. The only thing that dwindled was the track network and the number of Class I carriers. <br /> <br />Imagine that - business went up but trackage went down. Only in a monopoly situation can something like <i>that </i>happen. <br /> <br />The Laws of Economics - right every time!
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