Famous Goodbyes from the Energy Crises
There was a time, now many years ago, when there was a different economic malaise, a different energy crisis, and a different set of hard choices. For the Milwaukee Road, this energy crisis of the mid-seventies produced an interesting result: the decision to maintain electrified operations across the Rocky Mountains through June of 1974. The original plan had the juice turned off in 1973 so this represented a stay of execution, but not a lasting reprise. For reasons that are not always clear, the electrification was turned off and the Milwaukee Road turned to newer diesel power for its trains across the Rockies. Ironically, the final costs of new diesel locomotives to replace the scrapped electrics, combined with ever increasing fuel costs of the energy crisis, cost the Milwaukee dearly. Detailed studies of this decision, as well as original GE economic analysis can be found here . Particularly troubling is evidence that the Milwaukee a...