Buffett would profit from Keystone cancellation

The Washington Times ^ | 1-24-12 | Dave Boyer

[SJackson]

Warren Buffett, whom President Obama likes to cite as a fair-minded billionaire while arguing for higher taxes on the wealthy, stands to benefit from the president’s decision to reject the Keystone XL oil pipeline permit.

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.

[SJackson]

If Keystone XL “doesn’t happen, we’re here to haul
Krista York-Wooley, a spokeswoman for Burlington Northern, a unit of Buffett’s Omaha, Neb.-based Berkshire Hathaway Inc.

Krista probably should have kept her mouth shut.

[scooby321]

China is getting the Oil. Screw Buffett. He will be dead before they see any Oil.

[Venturer]

Another friend of Obama who profits from an Obama decision?

“Say it aint so Joe.”

[FlingWingFlyer]

I wonder how much more money Buffett’s “secretary” would make if they did ship the oil on Buffy’s choo choo.

[hadaclueonce]

Obama said he wanted $7 gas.

Electricity at 15 cents a KWH.

While Americans care who wins American Idol.

[bray]

“Tell you what Barak, you cancel the pipeline and I’ll let you use my secretary as a prop for the speech.”