To: thackney
Another of Warren Buffett’s rail lines?
2 posted on
10/06/2014 7:17:02 AM PDT by
Texas Eagle
(If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
To: Texas Eagle
Another of Warren Buffett’s rail lines?
Buffet's Berkshire Hathaway owns BNSF Railway, which may benefit from Phillips 66's business. So will Norfolk Southern, which handles this traffic east of Chicago.
Pipelines are likely to be built from North Dakota to New Jersey, so rail is the only economical way to transport Bakken crude.
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