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CSX CEO says it will buy no more cars or locomotives for dying coal transport
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<p>[quote user="Norm48327"]I have been told (anecdotally) that the major cost of coal is the transportation via rail to the generating plants. I don't know if the source was accurate but it said the cost of transporting one hundredd tons of coal was one thousand dollars per 100 ton car. [/quote]</p> <p>Here is a link to railroad transportation cost from coal basin to state:<br /><a href="https://www.eia.gov/coal/transportationrates/pdf/table3cn.pdf">https://www.eia.gov/coal/transportationrates/pdf/table3cn.pdf</a> it is from this website: <a href="https://www.eia.gov/coal/transportationrates/">https://www.eia.gov/coal/transportationrates/</a></p> <p>And here is a link to current coal prices that shows why Powder River Basin coal is economical even at the East Coast: <a href="https://www.eia.gov/coal/markets/">https://www.eia.gov/coal/markets/</a>Regards, Volker</p>
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