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Plans for ethanol plant on hold.
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Now that we have a new article and even more facts it is interesting to see what the experctations were of the Baard Energy folks. <br /> <br />Note that they were expecting the UP to build an entire unloading loop in addition to upgrading the entire spur to higher weight (probably 286,000lbs) capacity. Up told them they would need at least 80 acres to make the radius of the loop workable. A loop is asking UP to build at least a mile of new track. FOR FREE??!! <br /> <br />Also note that the real figure is 55,000,000 to 60,000,000gals annually with a possible increase to 100,000,000gals annually. So if you discount this new number you might only have 250 to 300 cars first year. Even if the plant grows there is talk in the industry of a serious deficit in the number of available tank cars for this service. Given the competition by other ethanol plants and corn syrup service already existing and the fact that these guys obviously have no clue about railroads what do you think they'll say when someone points out this lack of cars??? HUH? CARS? <br /> <br />LC
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