by Jared Law
http://www.the912project.us/forum/topic/show?id=2881797:Topic:2517596&xgs=1&xg_source=msg_share_topic

Many 9.12’ers & Tea Partiers may presume that Obama cancelled the Keystone XL pipeline to satisfy his Marxist ‘Environmentalist’ Democrat base, but there just might be more to it than that.

You see, Warren Buffett owns a railroad named Burlington Northern Santa Fe LLC.

And he stands to profit handsomely, as in many millions, if the Keystone XL pipeline isn’t built, and Canada ships the oil, via rail tanker, to the coast to be loaded on a tanker ship for China.

It just gives a sense of patriotism and honor, when we hear the name ‘Warren Buffet name, or the company name Berkshire Hathaway, doesn’t it? </sarcasm>

Here’s the story from Bloomberg, followed by The Blaze’s take on this story:

Buffett’s Burlington Northern Among Pipeline Winners
By Jim Efstathiou Jr. | Jan 23, 2012 4:04 PM MT

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.

“Whatever people bring to us, we’re ready to haul,” Krista York-Wooley, a spokeswoman for Burlington Northern, a unit of Buffett’s Omaha, Nebraska-based Berkshire Hathaway Inc. (BRK/A), said in an interview. If Keystone XL “doesn’t happen, we’re here to haul.”