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Will the gov't eventually need to step in?
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Although I agree whole heartedly with the idea of separation of infrastructure divisions from operating divisions for the good of the industry (see my previous posts!), I do not believe it would be necessary for the government to own the infrastructure in order for the benefits of open access to accrue. It is possible to run the infrastructure companies as privately held regulated utilities, with the feds giving a few tax breaks here and there to assure their viability (maybe the feds could guarantee a minimum annual dividend to infrastructure stockholders as a "safe harbor" caveat), and under-utilized lines held under public-private entities by involving the states. <br /> <br />Once that is done, the whole collective problem of captive shippers, paper barriers to short lines, inequities in rail car availability, etc. will fade into the annuls of history.
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