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Rio Grande Commodities
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[quote]QUOTE: <i>Originally posted by macguy</i> <br /><br />[quote]QUOTE: <br />So, the freight is more than the commodity. I find that just amazing. <br />[/quote] <br /> <br />That was the biggest shocker to me when I read the article.... <br /> <br />WHAT they are paying more to have it transported than what it is even worth??!?!?!!? <br /> <br />But I suppose when it comes to a commodity like coal, it is needed regardless. <br />[/quote]Mac, Want to talk about shock, Take three to four 80 to 95 car trains delivering coal to a plant from a distance of 1950 miles. Put all that together and you have an idea about the costs of heavy electric power production. But don't shed to many tears for the electric utilities that burn the coal, they gross over $1million a day on the big units of 818MW each (4 unit plant). By the way Hemphill will definatly be missed to this reader. Good writer and not a half bad observer of human nature[tup]
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