French Trains Turn $1.75B Profit, Leave American Rail in the Dust

The Guardian reports that SNCF, France's national rail company, is taking advantage of a boom in ridership to make aggressive plans for expansion. While SNCF positions itself to help ease the impact of high fuel prices on the French public, what are American leaders preparing to do? Drilling offshore and taking a few hits from the strategic petroleum reserve aren't going to cut it.
Over in France, all the new riders have SNCF chairman Guillaume Pepy thinking big:
The state-owned SNCF delivered a net €1.1bn (£875m) profit last year and first-half figures, due next week, are said to be sparkling. Pepy envisages up to 80m extra passenger trips this year or an increase of around 8%.
"This change will speed up because we are facing a twin energy and environment crisis," he says, pointing to surging fuel costs and growing personal worries about carbon footprints. "People want sustainable mobility and, in France, more trains and more SNCF."
The growing number of passengers is maxing out the current system, which Pepy sees as an opportunity, especially in a time of escalating fuel prices. He wants to double the size of SNCF's high-speed network by 2015, make rail stations into multi-modal hubs, and capture market share from energy-intensive air and road travel.
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