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.
Monday, January 23, 2012
Coincidence?
The alternative to the Keystone XL pipeline, which was recently rejected by President Obama, is railroads. One of President Obama's favored 0.0000003 percenters, stands to benefit.
