Comment EI-24560
Received or sent (printed as 7/12/2016)
Pleas explain why the Great Lakes Basin Rail Line claims it will cost 8 billion to build their 248 mile line when Warren Buffet purchase the entire BNSF company with over 32,000 miles of track form just 44 billion. The cost of this line would make it the most expensive line in the world, how is it going to be aid for? Who is going to finance it, especially when 2 of the 6 class one railroads say they wont use the line? Add to this Canadian National purchased the entire Elgin, Joliet and Eastern Bypass for just 300 million.How is GLB going to recoop their expenses with this over priced project. There is no way they can finance this line and make a profit given the huge cost of the project. For this reason alone the STB needs to deny this route. This line is unneeded and if the GLB team really wanted to help solve freight traffic in Chicago they would simply buy an existing railroad and make it into a bypass or rent it like a toll road to other lines.
Submitted by: Virginia Gaw · Arlington Heights, IL
The Board publishes this comment in its environmental-comment table for this proceeding. It is quoted here as printed; nothing is inferred from it, and it states the commenter's own position in their own words, not this record's.
Permanent address docketyard.org/d/FD-35952/comment/EI-24560 · back to the docket sheet