BNSF Railroad and
"The Rest of the Story"
Burlington Northern
Santa Fe Railroad owns all of
the rail lines in the US
connecting to western Canada .
They haul 80%+ of the crude oil
from Canada to the Midwest and
Texas , or charge other short
line railroads a fee to use BNSF
tracks.
BNSF
charges $30 per barrel to haul
the oil. The proposed
“Keystone pipeline” would cost
$10 per barrel according to
the US State Department’s own
estimates and perhaps a lower
amount as reflected in other
estimates.
BNSF
is owned by Berkshire-Hathaway
whose chairman is Warren
Buffett. In the last 2
election cycles, Buffett gave
extensively to Democrat causes
and candidates, particularly
Obama in 2012. He also
bundled and hosted numerous
fundraisers for Obama. If
anyone believes the pipeline
isn't being blocked by Obama
on Buffett’s behalf, you need
to seek immediate medication.
On this basis, Buffett could
stand to lose $2 Billion a
year if the Keystone pipeline
goes in and he makes the same
amount every year it's
delayed. Is this “crony
capitalism” at its finest or
what? .
Film at 11.....