Quote:
Originally Posted by Hersbird
It's all competition however things are moved. Trucks may not be a threat to the railroad's very existence (at least right now) but they certainly take away a piece of the pie. The average citizen benefits from this competition, and maybe some day some of the players will end up out of the picture. 150 years ago everything was transported by animal, who knows what things will look like 150 years from now.
Getting the government involved always helps a select few, like the cronies who fund their election, at the expense of everyone else.
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You are implying the Buffet owned railroad is doing well because it has no competition from a pipeline or road trains?
This is a classic study from a class in industrial economics.
You need to look at what the trains are carrying now and what they will lose if the pipeline goes through and the road trains become ubiquitous.