Gas prices up, the Space Race is hopping. An editorial in the Dallas Morning News is pushing local leaders to get on the ball. Recently they've been discussing in addition to the light rail network a feeder commuter rail network from the outer reaches of the Metroplex. Every city in the United States is dragging their feet yet cities like Dallas and Portland keep building line by line. This would be a valuable addition to the network and when combined with Fort Worth's planned rail lines, light and commuter, it will form a fairly comprehensive network.
The last time we talked about Dallas in the Space Race was in Feb of 07. Since then there have been some potholes and push back from the Texas legislature and the business community. After these spikes, this might change. The Green Line has started construction but cost estimates on the Orange Line to DFW airport got a little out of control. Inflation is a problem for all construction projects, not just rail. But this points to a larger problem which has been discussed recently in our spending on infrastructure. It might cost a lot to build this project, but its going to cost a whole heck of a lot more later. We'll see how this all pans out but Dallas looks to be in a good position going into the oil price spike.