I believe the price tag has been revised a few times too, as a Japanese company seriously underbid the competition to dig the actually tunnel. This article [1] lists the tunnel as only $10 to $12 billion.
(I live in the Yukon, right near Alaska)
Unfortunately, it likely won't happen until there are very good high-speed trains from that part of Alaska down to the lower 48, and from that part of Siberia over to Moscow, otherwise you'd have an awesome tunnel that goes literally from nowhere to nowhere.
[1] http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a0bsM...
It's easy to lose track of the distances in that area of the world. According to the site, there would be something like 4,000 miles of track required to connect to existing conventional rail. I doubt the whole project would be "easy" but economics is a showstopper in any case. Any any rate, Russia would need to be a much larger trading partner and--even if they were--it's not clear that easier routes from eastern Russia to the US would be a big win.
Not when you live here :)
It takes a 12 hour drive for me to get to a city bigger than the one I'm in, and it's in another country :)
The closest next-biggest one in the same country is something like 18 hours drive.
$134 billion price tag and apply the usual multiples including not only the tunnel but lots of connecting rail through what I imagine is pretty difficult-to-build territory. (UPDATE: Of which it seems about 4,000 miles worth is needed.)
Fun read though.
[1] for interesting timeframes to contemplate
[1] http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a0bsM...
http://thelaunchbox.blogspot.com/2009/06/june-6-7-2009.html http://thelaunchbox.blogspot.com/2009/06/june-29-2009.html http://www.dnainfo.com/new-york/20120821/upper-east-side/hug... http://www.dnainfo.com/new-york/20130911/upper-east-side/sec...
Whenever I have something shipped from China, the tracking shows something like China -> Alaska -> California. (Of course, bulk goods go by boat, but a train could be a nice middle ground.)
It also looks as if the FedEx was using planes that didn't necessarily have as much range as typical passenger aircraft today.
Example at 8:00 here (Turn volume off) https://www.youtube.com/watch?v=rYBImNhYO5U
The same wiki article later says trucks are often used to go between ships and rail[1]; depending on what fraction of shipments experience that, it might be an even stronger argument for rail the whole way, if it saves 2x loading/unloading from trucks.
[0] https://en.wikipedia.org/wiki/Intermodal_freight_transport#C...
[1] https://en.wikipedia.org/wiki/Intermodal_freight_transport#T...