Friday, November 20, 2009

ND commissioner says rail is opportunity

Agweek
Published: 11/04/2009

BISMARCK, N.D. — North Dakota Public Service Commissioner Brian Kalk predicts renewed interest in railroads.

Kalk says investor Warren Buffet must see an opportunity if his company is willing to put up $34 billion for the Burlington Northern Santa Fe Railroad. BNSF is North Dakota’s largest rail shipper.

Kalk says pipelines cannot get built fast enough and trucks cannot haul as much as rail cars. He says, “rail is where a lot of transportation is going to end up in the next few years.”

Kalk thinks that would be good for North Dakota’s agriculture, energy and other industries.

Tags: northlandagricultureagribusinesscropslivestock

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