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Savings? Math on how the East-West Corridor doesn’t add up

125000 highway miles per year. (Saved by one company)

 

/8 MPG = 15625 gallons of diesel fuel (Saved by one company)

 

* $5.00 per gallon = $78125 (Saved by one company) $1.60 per mile

 

“IF” a company uses the proposed Highway, 1/4 the way (220/4) would be 55 miles

 

55 miles * $1.60 per mile = $88. one way or

$176 round trip (assuming loaded both ways)

(less maybe if empty, but not a profitable trip (aka Donkeying))

 

3X $176 if you travel 3/4 the length =  $528

 

3787878.787878788 trips / 20 years =  189393.95 per year

 

189393.95 per year = 518.8875342465753 trips per Day 3/4 away across the highway

This would be required in Maine company savings to justify the 2 Billion investment

probably an equal amount for the investment payoff for the same time period.

 

1037.775068493151 per day traversing at least 3/4 of Maine each day.

43.24062785388129 per hour

1 every 45 seconds.

 

Now, This savings is going to go where? Better wages for the truck drivers? I doubt it.

 

I previously calculated approximately $375 per trip for Toll fees. Both ways would be about  $775 trip

This still looks more realistic, as the above is just to justify the construction.

 

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Now the mind boggling stuff:

 

         220 miles of corridor? All vehicles today can make that distance on a fill-up. Why stop in Maine when you can fuel up in New-Brunswick and make it to Quebec across Maine without a stop. At 70-75 miles per hour, pack a lunch, eat on the road, dispose of your trash in Maine along the way. If not, well it is only 3 hours back to Canada. Again why stop in Maine.  With Limited Access in Maine, how many Maine businesses will be able to use this corridor and with ownership by “Private Investors” and the proposed Fee’s / Toll Rates I have seen proposed in other such proposals (nearly 50¢ to $1.00 per mile) , it may be cost prohibitive to those of us in Maine.  Would the Canadians be reimbursed for their transport fees across Maine for their Commerce or other travel, leaving it to Maine users to foot that portion of the expense as well?

         In my web browsing, for other references to such proposals of the past, I happened on an article (Opinion – Piscataquis Observer – May 23, 2012 ) which stated (accuracy unknown by myself) that it costs the community nearly $11,000 per mile to maintain its roads.  That would, if accurate, calculate at today’s costs of approximately $4,840,000 per year to maintain the road of this corridor. (22,000 per year per mile for 4 lanes, would need to be generated by Fees / tolls.) Probably this would be a greater expense considering this roadway would have to be maintained at a higher standard such as our national interstate system which is funded federally.

         The estimated expense of this project is projected to be about $2 billion. Given the Census population of Maine, that would be nearly $1538.46 for every resident of Maine, man, woman and child,  provided you can round up 1,300,000 investors. At a 1% return per year for my $1538.46 that would be $15.3846 or $20 million per year revenue for usage. This equates to $90,909 per mile additional Fee’s / Tolls. Now this totals thus far to $112,909 per mile. Now having invested in the stock market from time to time,  I would hope to see a return much greater than the 1% so this seems to be an unwise investment unless a sure thing for a greater return is brought forth.  Six access points (seven traveled segments) across 220 miles would equate to an average of  31.43 miles per segment, so it would cost each user and average $15.71 to $31.43 per ride. Who in Maine would/could ride? Being an Investor I would expect a much greater return such as 5% or greater, thus projecting Fee’s / Tolls to be nearly 5 times this figure. Now at a $75 to $155 per segment of travel your looking at $375 to $775 trip across the entire 220 miles. (not the $50 to $100 fee / 220 miles) Now who, Maine or Canadian, in their right mind want that expense?

         Assuming these calculations are not flawed to any great extent, as an investor, I would not take part in such a venture. As a citizen of Maine the cost is astounding in that we not only would be robbed of our natural resources and beauty of our land, but also of the hard earned money should we venture to use such a highway that no one could afford at any price or return.

         There has to be some agenda we are not being informed of, that would bring forth such a project that has little hope of  being cost effective or investment wise to anyone involved.

 

Eric A. Tuttle

 

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Net savings would be $28.00 ????

 

Cough! Cough! Cough!

 

Opps, Savings of now $775 – $528 =        – ($247)

Since that appears to be about a 50% return, you need to deduct the maintenance, medical, police, Road kill, and other expenses

which is a variable, and unknown.

 

Ok maybe they are better at Math than I, or they know how to Cook the books for their stockholders.

 

Both methods of calculations from two different aspects, still tend to agree with each other on the cost of transportation.

 

 

 —- Savings? —-

 

 

 

@ 70 mph, * 4 hours between meals = 280 miles (St Stephens to Sherbrook)

[no meals needed at restaurants]

[no fuel sold in Maine for the trip]

[no motel stays in Maine]

[no guaranteed jobs in Maine]

[no pure water in Maine in areas]

[no natural migration of animals]

[no future roads for private use N-S]

 

 

Ahhhh, it is a highway of BRIDGES, wildlife, hiking, sports, future camp roads, and the list goes on….. Our future tourists can be housed under them.

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