Comment EI-24824
Received or sent (printed as 7/13/2016)
Please explain how this line will be profitable. Canadian National purchased the longer Elgin, Joliet and Eastern line for 300 million dollars; Warren Buffet purchased BNSF for 44 billion dollars. GLB plans to spend 8 billion on a relatively short rail line. How is this going to be financially viable? Please address this because if the rail line fails the environment will have been forever destroyed. Please also explain why GLB does not simply buy an existing rail line and improve that line to serve as a bypass. Based on the prices paid for the two mentioned existing rail lines, essentially two entire companies were bought, wouldn’t it be more profitable to purchase existing lines. This would also be the environmentally prudent thing to do.
Submitted by: Abe Henker · Mount Prospect, 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-24824 · back to the docket sheet