A bill to regulate commerce and promote the general welfare by providing incentives and assistance, based on detailed data and information, that will increase the amount of transportation by railroad rather than by less energy-efficient modes in order to conserve limited resources of energy and will alleviate unemployment.

[AI summary unavailable — showing source text] Rail Revitalization and Energy Conservation Act - Title I: General Provisions - Sets forth the findings of Congress and the purposes of this Act. Defines the terms used in this Act. Title II: Abandonment Moratorium, Track Standards, and Alternative Service - Declares that no rail service may be discontinued and no rail properties hereafter abandoned except in accordance with this Act or the Regional Rail Reorganization Act of 1973. Requires the Secretary of Transportation within 90 days after enactment to prescribe standards (effective one year later) for all main tracks based upon certain factors including high speed operation, energy conservation, and the needs of manufacturers, farmers, and other rail users as distinct from present minimum safety requirement. Permits a railroad carrier or other interested party to petition the Interstate Commerce Commission for permission to abandon rail lines or services, or for alternative service. Permits abandonment of rail lines or discontinuation of rail service only where it would not adversely affect the economic well being of any community or where alternative means of transportation are available at a reasonable cost. Provides alternat…