So you say the price has changed over two years. and that there's a chart that shows that?
This changes investing completely...
Almost all technologies get "cheaper than it used to be". It has been a defining factor over the entire course of the oil industry, which along with military/aerospace has been the industrial sector that has provided the world with more technological advancement than any other human endeavor.
Want to blow your mind, junior ? Look up the press clippings about how horizontal drilling changed the oil industry about 25 years ago.....it has ever been thus.
Marine biology ignorance aside, I have the perfect blind date match for you.
His name is Mr. Peanut. His hobbies are stalking Mr. Market and being poor. You'll hit it off, I'm very sure.
And empty rail cars means that trains can go farther on even less fuel...
I mean, could it even get any better than this?!!
The transparently self-serving, and unfounded threat that "government would never approve it" is the alibi that the incompetent, and therefore justifiably paranoid, executive suite in the rail industry is using to protect their undeserved jobs. And you. like everyone else, has accepted it as a fact.
So the NA economy is being deprived of a much improved, more efficient supply chain, and shareholders are being deprived of a value-creating payday, all for the sake of a couple dozen middle-aged incompetents at CSX and NSC who have no where else to go.
And this travesty isn't Wall St's fault... in fact, it's everyone else's BUT.
Kind of sad to come in here and read how some people --- people who allege they are 'real stockholders' making important personal financial decisions --- can't understand how to use the ignore feature.