Buffet To Profit From Cancellation of Keystone

It turns out that Warren Buffet will profit from the cancellation of the Keystone XL oil pipeline because it will be his railroad, Burlington Northern Santa Fe LLC, that will ship the oil instead.

This is so typical. I wonder how the liberals are going to explain this one away.

Buffet is obviously gaining favors directly from Obama and it has been made no secret that the two have a friendship of some sort. So I guess it is Buffet who is actually deciding and influencing policy, never mind the 20,000 some jobs it would add to the economy.

Remember how the Democrats were screaming about Bush and big oil? Seems like the Dems have some of their own big oil issues as well.

Mr. Buffett’s Berkshire Hathaway Inc. owns Burlington Northern Santa Fe LLC, which is among the railroads that would transport oil produced in western Canada if the pipeline isn’t built. 

“Whatever people bring to us, we’re ready to haul,” Krista York-Wooley, a spokeswoman for Burlington Northern, a unit of Buffett’s Omaha, Neb.-based Berkshire Hathaway Inc., told Bloomberg News. If Keystone XL “doesn’t happen, we’re here to haul,” she said.

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