What it’s about is Warren Buffett’s trains.
“What it’s about is Warren Buffett’s trains.”
“As a result of the fracking revolution and shale oil boom, oil train shipments have increased, particularly on a railroad shipping oil from North Dakota’s Bakken formation owned by billionaire and friend of Obama, Warren Buffett.
So too have the risks of oil train derailments, fires, and explosions that damage the environment and risk human lives. One of a series of such incidents occurred in Illinois early last March when two cars of a 105-car derailed oil train operated by Buffet’s BNSF Railroad and carrying oil from North Dakota caught fire and sent flames and smoke into the skies over Galena, Illinois, a small town of 3,300 people.
In July of 2013, a 72-car oil train carrying North Dakota crude, a train similar to those criss-crossing the United States, derailed near the town of Lac-Megantic, Quebec, erupting in a series of explosions, killing 13. It could happen here, and unless more pipelines are built, likely will.
As Investor’s Business Daily has noted, pipelines are much safer than railroads, yet President Obama and the Democrats are loathe to permit their construction. Pipelines carrying Bakken oil would link up to a completed Keystone XL pipeline, creating American jobs and protecting American lives:”