RENEWED ENERGY: Flooded Rail Lines Drown Ethanol Routes
CattleNetwork.com
7/1/2008 1:33:00 PM
HOUSTON (Dow Jones)--Recent floods have washed out major rail routes in the Midwest, leading ethanol companies to play the role of the "The Little Engine that Could."
But getting ethanol to key markets on the east and west coasts will take more than the "I think I can" mantra.
Ethanol producers must contend with flooding that has washed out rail lines and closed locks along the flooded Mississippi River. Producers who are west of the Mississippi River and south of Iowa's border with Illinois have been particularly hard hit by these transportation problems.
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