Rail System Tax Affects Ethanol Prices - KFYRTV.COM - Bismarck, ND - News, Weather, Sports

Rail System Tax Affects Ethanol Prices

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The price of Ethanol has been fluctuating over the past few months, and producers say traffic on the railroads is to blame.

Ethanol jumped up $1 per gallon between early February and late March, as producers reduced the production of the fuel, and clogged railways created shipping problems. But ethanol isn't the only industry that is suffering from a taxed rail system.

"All of these commodity markets that are typically shipped on the rail are suffering as a consequence of the railroads inability to deal with an admittedly challenging winter, but also a dramatic increased demand for locomotives and railcars," says Bob Dinneen the CEO president for the Renewable Fuels Association.

The Association of American Railroads responded to the Renewable Fuels Association's criticism, and the rails are doing their best to handle and increase in a variety of shipped goods.

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