You know that Keystone XL project that Zero rejected recently? The project that would have created thousands of jobs and reduced our dependence on Middle-Eastern oil? The one that David Sassoon whined would give lots of eeeeevil profits to the eeeeevil Koch brothers?
Well, care to guess who benefits from the cancellation of the Keystone XL project?
Warren Buffett, whom President Obama likes to cite as a fair-minded billionaire while arguing for higher taxes on the wealthy, stands to benefit from the president’s decision to reject the Keystone XL oil pipeline permit.
Mr. Buffett’s Berkshire Hathaway Inc. owns Burlington Northern Santa Fe LLC, which is among the railroads that would transport oil produced in western Canada if the pipeline isn’t built.
“Whatever people bring to us, we’re ready to haul,” Krista York-Wooley, a spokeswoman for Burlington Northern, a unit of Buffett’s Omaha, Neb.-based Berkshire Hathaway Inc., told Bloomberg News. If Keystone XL “doesn’t happen, we’re here to haul,” she said.
Yeah, I bet you’re ready to haul it.
Interesting that the administration would nix a project that would create jobs and provide a much better alternative to the energy sources we’re currently using on environmental grounds, while the existing alternative (conveniently belonging to an important supporter) is actually much less environmentally sound.
Things that make you say, “hmmmmmmmmmm.”