Definitely Judy Henske sang this on her album. Never heard any other versions. I learned it as "Cool Colorado"

BLUES CHASE UP A RABBIT

When the blues chase a rabbit,
He run one solid mile,
Poor little rabbit,
Cries like a newborn child.

I wish I was a headlight,
On some eastbound train,
I'd shine my light on,
Cool Colorado rain.

Wish I was in cool Colorado,
On some mountain so high,
I'd watch my baby,
As she goes riding by.

Some like black or yellow,
Others white or tan,
I love my baby,
She loves another man.

Repeat first verse.

https://www.youtube.com/watch?v=YoZ1X2KUTYA