“Buffett’s railroad interests have been doing quite well since the government’s suspension of Keystone Pipeline extension. His key railroad interest, Burlington Northern, is the preferred alternative petroleum shipping method to the Keystone Pipeline. This is interesting because Buffett bought his stake in Burlington Northern just before the government halted the Keystone project, and he allegedly influenced the government’s decision to suspend. And how much reward has Buffett reaped from the Burlington Northern/State Department deal? Keep in mind that demand for gasoline has been tanking while rail car loadings of petroleum have been going parabolic.”
http://www.ecominoes.com/2013/03/warren-buffets-railroad-cronyism-in-one.html
Related posts:
Pentagon Unveils Pivot From War On Terror To New Cold War
Kansas rejects marijuana advocacy group’s bid to adopt a highway
A Chokehold Didn’t Kill Eric Garner; Your Disrespect for the NYPD Did
Man's Home Raided After Son's Facebook Picture Shows Gun
South America Can Now Crowdfund With Bitcoins
When Did U.S. Start Warring in Yemen?
Eight killed by latest US drone strike in Pakistan
Springfield, Missouri Marijuana Decriminalization Initiative Certified
Extortion, Police Raids and Secrecy: The Venezuelan Bitcoin Mining World
Missouri Democrat busted for marijuana possession
Federal Judge Sends U.S. Marshals to Prevent Enforcement Of Trump Travel Ban
Court: School Officials Accountable for Strip-Searching 10-Year-Old Over $20
Chinese Authorities Halt Virtual Credit Card Payments
Marijuana ad pulled from jumbotron at NASCAR Brickyard 400
eBay Merchant to Sue PayPal for its Anti-Bitcoin Policies