Tuesday, January 24, 2012

Who Gets Richer From Stopping Keystone XL?

Why, the railroad owned by Warren Buffett, billionaire Democrat:

Warren Buffett’s Burlington Northern Santa Fe LLC is among U.S. and Canadian railroads that stand to benefit from the Obama administration’s decision to reject TransCanada Corp. (TRP)’s Keystone XL oil pipeline permit.
With modest expansion, railroads can handle all new oil produced in western Canada through 2030, according to an analysis of the Keystone proposal by the U.S. State Department.
It costs about $3 per barrel more to ship it by tank car than pipeline, and it produces more greenhouse gases.  You can see why environmentalists are happy that Obama stopped Keystone XL--it enriches Mr. 1% of the 1%, and puts more carbon dioxide in the air.

2 comments:

RS said...

According to Obama, the purpose of government "to punish our enemies and we're gonna reward our friends."

Obama is merely being "true" to his corrupt roots.

Minicapt said...

1. Union Pacific system map:
http://www.uprr.com/aboutup/maps/sysmap.shtml
2. BNSF system map:
http://www.bnsf.com/customers/pdf/maps/network-map.pdf
3. CSX System map:
http://en.wikipedia.org/wiki/File:CSX_Transportation_system_map.svg

Cheers