Tuesday, January 24, 2012
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2 comments:
Anonymous said...
It’s already being reported that Warren Buffett, a major shareholder in Obama, Inc. will be one of the primary beneficiaries of the decision from the White House to kill the Keystone pipeline; and ship the Canadian oil on the BNSF Railroad to Texas Refinery Complex.
Warren Buffett’s BNSF Railway-now a wholly-owned subsidiary of Obama, Inc., will now transport the Canadian oil at a slight premium railroad shipment cost.
Warren Buffet Strikes It Rich As XL Pipeline Is History.
About 75 percent of the oil currently shipped by railroad out of North Dakota is handled by Burlington Northern Santa Fe LLC- which just happens to be a unit of Warren Buffett’s company, Berkshire Hathaway Inc.
Those Canadian rail shipments of oil are expected to “increase exponentially with increased oil production and the shortage of pipelines,” according to Justin Kringstad, director of the North Dakota Pipeline Authority.
That’s going to be quite a windfall of dough $$$$$ for Warren Buffet and the railroad companies ?
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