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Rail deregulation eyed for impact on coal rates

Journal Article · · Electr. Light Power (Boston); (United States)
OSTI ID:5301658
Captive shippers who depend on a single line to move their coal supplies want protection written into any railroad deregulation legislation. Debate over this issue is expected to be heated. The Interstate Commerce Commission (ICC), meanwhile, is looking more favorably at the problems of utilities and accepts a compromise measure that sets a rate hike level which would trigger an ICC investigation. Debate in Congressional Committees will focus on the lack of competition in coal shipment and the impact this will have on the customers of coal-fired power plants. Long-term agreements are suggested as a way to limit regulation and allow the Federal government to focus on helping the railroads become more efficient. The legislative action was prompted by an ICC decision to roll back railroad freight rates paid by two utilities and a steel company. (DCK)
OSTI ID:
5301658
Journal Information:
Electr. Light Power (Boston); (United States), Journal Name: Electr. Light Power (Boston); (United States) Vol. 58:5; ISSN ELLPA
Country of Publication:
United States
Language:
English