During the recent heated debate over the use of that 88-acre piece of land east of Eagle, I noted that there is still an intact railroad track running through this valley.
While it is at best marginally maintained, at least east of the American Gypsum plant, which uses rail service regularly in shipping its product west, this track may soon be the valley's most important transportation resource.
According to a recent Los Angeles Times story, “Warren Buffett is a believer (in railroads). In November, the world's second-richest man paid $34 billion for railroad giant Burlington Northern Santa Fe Corp., despite a deep downturn in the railroad industry. Buffett characterized his investment as an ‘all-in wager on the economic future of the United States.'”
Why? Because the age of automobiles and diesel trucks is ending as you read this column. The total amount of oil remaining for the world to burn is now in decline. According to Burlington Northern, a train can haul 1,000 pounds of freight 400 miles on a gallon of oil. A fully and optimally loaded semitrailer truck can haul the same 1,000 pounds of freight only about 100 miles with the same gallon of oil on level terrain. Trucks perform far less efficiently than that in the mountains.
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