THE ENERGY SITUATION - A RAIL VIEWPOINT

Despite the optimism about rail outlook because of inherent fuel economy, the author views fuel shortages and rising costs as harbingers of potential railroad problems. He cites the indications that many rail lines are operating at near their present capacity where for instance, providing more cars will not overcome the deficiencies in the fixed plant. Energy shortages do not automatically provide capital. While long-term price implications may be optimistic, the short term effects are not all positive for railroads. Costly fuel in restricted supply, it is observed, could bring the transportation-consuming public and Congress to see the morass into which transportation has been forced.

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Filing Info

  • Accession Number: 00072482
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Dec 13 1974 12:00AM