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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?


To: teevee who wrote (51551)5/15/2014 9:08:09 AM
From: Alastair McIntosh  Read Replies (1) | Respond to of 86356
 
Warren Buffet, who happens to own a railroad upon which much of the oil is hauled in tank cars.
Buffett supports Keystone

The Keystone oil pipeline is good idea for the United States, Warren Buffett said Monday, even though it would take away some business from his Berkshire Hathaway rail subsidiary BNSF.

The long-delayed leg from Alberta, Canada, to Nebraska should be approved, the billionaire investor told CNBC.


"I would vote 'yes,'" Buffett said in a " Squawk Box" interview, but added he has "no idea" if President Barack Obama will approve it.

"I don't believe in the Keystone pipeline because of the jobs you'd make building it. You can build anything and create jobs," he said. "I just believe it's a useful pipeline."

cnbc.com