Sunday, May 18, 2014

The grain on the plains will stay mainly off the trains

Michael Sandoval shows how the lack of a Keystone Pipeline is causing food prices to rise.
Specifically, not enough oil is being transported by pipeline which means it’s being shipped by rail. The increased demand on rail shipping is bumping food and food supplies off the tracks. It’s not a stretch to say the failure to build the Keystone Pipeline is boosting your bottom line at the checkout counter.

Meanwhile the grain on the plains will stay mainly off the trains unless additional rail capacity can be freed up in the near term, and the long-term policy looks to alternative methods of energy transportation that does not pit food and fuel against one another.
Read more here.

1 comment:

Infidel de Manahatta said...

I blame the Koch brothers. Well, that's what Harry Reid said and he's a Democrat. They never lie.