CNN: Rail Strike Could Raise Gas Prices, Affect Food Supply
EXCERPT:
TAPPER: “It could be the first in 30 years, a freight rail strike looming closer could begin as soon as Friday morning. About 60,000 workers are set to walk off the job if unions and management fail to come to an agreement in the next day and a half. The consequences from this could be, frankly, economically devastating. Gas prices, which have been drastically falling from their summer peak, could once again skyrocket if trains carrying fuel stop moving. Harvested crops could be prevented from reaching food factories, stopping staples from reaching grocery stores. Amtrak is already canceling almost all of its long-distance passenger trains starting tomorrow as most of their routes run on freight tracks, disrupting travel across parts of the United States, and even your holiday shopping could be at risk. The National Retail Federation saying that the rail strike could prevent stores from stocking up on goods ahead of the holiday rush.”




