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Gabe, Is it the job of regulated utilities to be risking their investor's and ratepayer's money in railroads? They can barely keep up with AMR installation. They are in many states faced with a minimum "renewables" requirement, further eroding the needed investment in future baseline power production. They can't just be throwing money at a capital intensive project that may become superfluous if King Coal again becomes the bad guy in political circles. If you are saying that energy companies should just run their own railroads, why do we even have BNSF and UP? Isn't it the job of railroad companies to invest in this concept called "railroading"? It's not confusing at all.
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