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RE: Rail shippers ask Congress to regulate freight prices – led by Coal Utilities (Seminole)

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#6370

Charles Randall
Participant

FYI – saw this article on Rail regulation request in the WSJ yesterday and tracked down electronic version ( http://www.ble.org/pr/news/headline.asp?id=24794 ).
 
It figures the Govmt. might pick the wrong thing to look at re-regulating….. would make lot more sense to do Nat Gas or Power (only on better regulation basis) than freight. But this would seem to line up with the “Infrastructure rebuild” pattern of incoming admin.
 
Even though US coal utilities have minimized lot petcoke burn due to spike in Petcoke prices, they remain one largest consumers of domestic fuel coke next to cement industry. And anything that impacts coal freight would go double for petcoke since they are unable to move unit train volumes.
Regards

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