The rush to scapegoat an ailing US economy on freight rail obscures the facts.
Coal producers, having endured a political assault on their business and their workers, have understandably looked for other markets. Increasingly US coal is shipped overseas rather than to American energy plants like Big Bend serving American customers facing higher energy bills. Current policy prioritizes climate purity above the well-being of Americans.
The root cause of coal shortages and price pressures facing American utilities, businesses, and consumers isn’t lagging rail service or even lagging production. It’s policy which unfairly vilifies an industry that elites don’t like instead embracing all energy enterprise which employs Americans and enriches the nation.
It is easy to put blame on the railroads. This is at best factually incorrect, and at worst, distortionary and harmful. If policymakers act on erroneous information or interpretations, they will worsen the economy and inflation. In any event, the scapegoating pattern has become obvious and does not appear to help the Administration. Voters want policy that works, not explanations for that which doesn’t.
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