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The state has been a key battleground over the pipeline, with officials raising concerns the original route would threaten the Nebraska Sandhills, an environmentally sensitive region, and the Ogallala aquifer. Theyve sent hackers at us, forcing us to take extreme measures on web security. Republicans, industry groups and other supporters of the pipeline have argued for years that approval of the project would create thousands of jobs and boost the economy. It really does come down to the money and the Democratic donors. The best way NOQ Report readers can help is to donate. QUIETLY ADMITS MISTAKE CANCELING KEYSTONE XL PIPELINE: 01/23/23: 4: Biden Admin. In an interview with Tom Brokaw on NBC's Meet the Press over the weekend, Obama said that today he would be "pulling together" some of his "core economic advisers" to "examine the policies that we've already put forward--a middle class tax cut, a second round of stimulus, a effort to shore up the housing market in addition to the bill that was already passed through Congress, what we need to do in terms of energy and infrastructure. In London, Britains chancellor, Rishi Sunak, will unveil the latest outlook for the British economy, along with potential policy changes to taxes and furlough payments. Warren Buffett was a Washington Post shareholder and had met the newspapers publisher, Katharine Graham, by the time Richard Nixon resigned a, Warren Buffett again warned against investing in cryptocurrencies, this time in the Washington Post. The oil will still come, but now it will have to be transported less efficiently and at higher cost to consumers. comes from states with worsening coronavirus trends.) 1." If you're working from a loss, it's that . A Facebook post claims the Keystone Pipeline was blocked by Obama to benefit Buffett. Invest better with The Motley Fool. Maybe, but based on the fact that rail is a non-factor in oil sands transport right now, not nearly to the degree some are claiming. This spring, it decided not to invest $3 billion in a $6.7 billion liquefied natural gas export terminal in Quebec amid protests by environmental activists and Indigenous groups. We all love him and thank him, Schneider said. It is the company's biggest acquisition ever. Currently, Energy Transfer has 90,000 miles of oil and gas pipeline infrastructure in place. The British government joined a successful bid for control of a satellite company. Major oil and gas pipeline projects have faced regulatory and political roadblocks forcing them to halt production or cancel new development. The EIA announced in early December it expects retail diesel prices to fall further from the . As oil production ramps up in the Bakken fields of North Dakota, plans to use the pipeline to transport it have been dashed. Even as he increases his pipelines footprint, Buffett's utility has been making a considerable shift. But even as climate change pressures the fossil fuel industry, natural gas is not going away, say energy experts, with gas making up 40% of power generation, growing LNG export markets and more-friendly drilling regions in states like Louisiana and Texas. The exceedingly long duration of that process has allowed the Keystone XL to grow from a large pipeline to a larger than life feedstock for environmental, political, and economic arguments, and even a conspiracy theory or two. He had volunteered for the Sheriffs Office for years. Were barely two days into a Biden administration and the skirts are already being lifted on the hypocritical policies. The Washington Redskins vowed to conduct a thorough review after a major sponsor, FedEx, called on the team to drop the name. Making the world smarter, happier, and richer. Buffett, however, did not donate to Biden's 2020 presidential campaign and oil from Canada that would have travelled via the Keystone XL Pipeline is likely going to use existing and other new . The Motley Fool has no position in any of the stocks mentioned. It's not just the political optics, though that plays into the shift highlighted by Dominion away from midstream. But US Federal Election Commission records do not show direct contributions by Buffett to Biden's 2020 campaign, and his assistant said . They're stuck between that and the fact they have a very long history of producing oil and gas fields," Grant said. But Mr. Buffett seems more interested in the economics of the deal. The courts extended virtual session has pushed its work into July for the first time in more than 20 years. "It wasn't the top of the market," the KeyBanc analyst said. By Daniel John Sobieski. The $9.7 billion deal was estimated at a price of 9.7 times EBITDA, a price that Dominion management defended as being above recent, similar transactions. When I left a nice, corporate career in 2017, I did so knowing I wouldnt make nearly as much money. Were heading in the right direction and we believe were ready talk to patriotic investors who want to not only get in on the action but more importantly who want to help America hear the truth. These annuities were most commonly offered in pensions for public-sector employees. (function() { Dominion pointed to the "state-regulated nature" of its business profile as one of the reasons for the deal, as well as noting its net zero target by 2050 for both carbon and methane emissions, and $55 billion planned in next 15 years for emissions reduction technologies including zero-carbon generation and energy storage. Warren Buffett is a respected investor but it doesnt hurt to have the ear of the President as he kills off your competition in oil transport. But Buffett an Obama supporter whose name has been used by the White House to sell a plan to increase taxes on the rich steered clear of criticizing the president. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Sure, gasoline prices have fallen, but largely due to another technology President Obama and his environmentalist base opposed, also for alleged environmental reasons hydraulic fracturing or fracking. "We're not expecting U.S. crude to return to levels we were at in Q1 2020 until 2023," said Jenna Delaney, leadanalyst, North American oil, S&P Global Platts. He also said in a CNBC interview in 2015 that the pipeline would be good for Canada and America, adding, Canadas been a terrific partner for us over the decades and it is wrong for us to thumb our nose at them.. In the case of making salary information public, the privacy being protected is the companys, not the individuals. According to Steve Fleishman, managing director and utilities analyst at Wolfe Research, Buffett's acquisition will provide a steady stream of revenue and a quality asset, regardless of the lack of midstream development. A floorhand works on an oil rig in the Bakken shale formation outside Watford City, North Dakota. The Dominion purchase was Mr. Buffetts biggest in four years, putting to use some of Berkshires $137 billion cash pile. The fate of McClatchy newspapers like The Miami Herald could be determined this week. By CHARLES KILLEBREW. With declining access to domestic oil supply as midstream development cease, some analysts worry about the potential for energy security risks and the U.S. becoming again reliant on foreign exporters, such as OPEC. An investor who invested $10,000 in Warren Buffett's hedge fund at the beginning of 1957 saw his capital turn into $103,000 before fees and $64,100 after fees (this means Warren Buffett made . No. Oil that the Keystone Pipeline can't handle is now transported into the U. S. by rail. . As a subscriber, you have 10 gift articles to give each month. "A lot of pressure is coming through from all stakeholders, consumers, and civil society, but also investors, especially in the past few years. Why does the company want to keep its salary information private? But opponents say those jobs numbers are inflated and raise a slew of environmental concerns, included the possibility of oil spills along the route and increased greenhouse gas emissions from oil sands production. They sent attorneys after us, but thankfully were not easily intimidated by baseless accusations or threats. "The midstream is in a tough spot," said Luke Jackson, senior analyst, natural gas, North America, S&P Global Platts. Social media posts claim billionaire investor Warren Buffett donated $58 million to Joe Biden's campaign, linking this to the Democratic president's decision to revoke the Keystone XL oil pipeline permit. BNSF ships everything: coal, grain, chemicals, automobiles. Oil sands crude has to be diluted, and the reality is that one tank car can fit about 700 barrels of light oil, and only 550 barrels of oil sands. Correction: An August 5 decision by an appeals court allowed the Dakota Access Pipeline to continue operating, after a July federal court decision ordered the pipeline shut down. His foundations other objectives include improving food security and resolving conflicts in developing countries. But how much more will depend on a variety of factors, including oil price spreads, other pipelines, oil storage options and the railroads' ability to juggle volumes. 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.'s Keystone . We want to hear from you. Warrens older son moved to Decatur in 1992 to become a vice president with Archer Daniels Midland Co., leaving that job in 1995 but staying in Decatur and raising a family, farming and starting a career in philanthropy through a foundation funded by his father. Do you have a fuel plan? . Im not an expert, but it certainly seems like it makes sense to me, Buffett said Monday when asked on Fox Business Network whether he would support the pipeline if it doesnt threaten an environmentally sensitive region in Nebraska. In announcing the deal with Berkshire, Dominion emphasized a narrowing focus on becoming a more sustainability focused utility, reducing its reliance on fossil fuels. He added that the delay in the construction of the Keystone pipeline was unlikely to prompt additional purchases of tank cars at Berkshire railroad unit BNSF. Billionaire investor Warren Buffett affirmed his belief that the Keystone XL pipeline would benefit America if it's approved by the Obama administration. (Warren Buffett is a major investor) will continue . Teachers are pumped. TC Energy's Keystone XL oil-sands pipeline. When Keystone XL et al. On Tuesdays: Join Steve Jordon at 11:30 a.m. for a live chat about Warren Buffett at Omaha.com/buffett. BP CEO: We can generate strong returns over next 10 years, allowed the pipeline to continue operating, Buffett pipeline buy is about electric vehicles, he outlinedto Berkshire shareholders who were concerned about climate change, Many people are suffering': Business leaders must prioritize workers' mental health in Covid lockdown, CEO says, As city centers become more congested, one CEO has a solution, Countries worldwide look to acquire the intellectual property rights of Covid-19 vaccine makers. Conservationists have a claim, but climate change environmentalists have backed away from their complaints because as long as demand for the oil remains high, its going to continue to flow in ways that are less carbon-friendly than the pipeline. Some of us may think this is a ridiculous theory, but given the power of money in Washington, let's take a closer look anyway. THE FACTS: On Biden's first day in office, he halted construction of the Keystone XL pipeline. (NYT), America now has nearly 800 billionaires, a record. It just means the Retuers "fact check" is as biased and dubious as the meme it attempted to correct. The deal won't burn a hole in his pocket, either, with Berkshire sitting on well over $100 billion in cash and short-term assets, and Buffett always anxious to deploy the capital into projects that generate a return on investment. Billionaire investor and President Obama fundraiser Warren Buffett disagreed Monday with the president's delay in reviewing the Keystone XL pipeline, saying it amounts to the United States . An August 5 decision by another court allowed the pipeline to continue operating, pending further legal review. The Nebraska Public Service Commission voted 3-2 last week to authorize a route for the pipeline through Nebraska. The issue was explored in detail on The Glenn Beck Program Tuesday, April 17. Berkshires energy division which Mr. Buffett has called one of the conglomerates lead dogs runs a sprawling empire of utilities, natural gas pipelines and other power and electricity assets. Buffett bets big with $10 billion Dominion Energy dealhere's what it means. If you dont think you are fairly compensated, seek a raise or find another job. Dan in Muskegon, Mich. Yes, pay should be disclosed. NatSec Source: the Keystone Pipeline Leak was SABOTAGE: 12/14/22: 8: The Biden Administration Finally Admits Its Mistake in Canceling the Keystone XL Pipeline: 01/22/23: 9: Breaking: Emergency shutdown of Keystone pipeline due to leak. Best to boost your immune system with new Z-Dtox and Z-Stack nutraceuticals from our dear friend, the late Dr. Vladimir Zelenko. List salaries by position, but not by name. The pipeline is projected to carry oil nearly 1,200 miles (1,900km) from the Canadian province of Alberta down to Nebraska, to join an existing pipeline. But in a broader sense, Buffett has parted ways with a strict decarbonization investing philosophy in a core belief thathe outlinedto Berkshire shareholders who were concerned about climate change back in 2014. A U.S. senator plans to propose a bill blocking out middle seats on airplanes. Investors realize there is a risk and they want to be reassured. Maybe, but based on the fact that rail is a non-factor in oil sands transport right now, not nearly to the . TransCanada and Nebraska officials have plotted out a new route that avoids the Sandhills, though it still touches part of the aquifer. Nor could they have predicted that the approval process would take, well, forever. Although he hasnt spoken publicly about the most recent step forward by the Keystone XL oil pipeline proposal, Warren Buffett has generally supported the project for years. (FedExs C.E.O., Fred Smith, is reportedly considering selling his stake in the franchise.) The conclusion is because it has something to hide. Elizabeth in Takoma Park, Md. (Business Insider). From The Washington Post : Should You? The shepherd boy, the wolf and the threat to Israeli democracy, Watch live: White House monkeypox response team holds briefing, Do Not Sell or Share My Personal Information. by Andrew Restuccia - 05/08/12 1:49 PM ET, Lawmakers trounce Lobbyists in annual charity hockey game, These four House Republicans broke with the GOP to oppose inflation estimates bill, Biden mocks Rep. Marjorie Taylor Greene: Isnt she amazing?, Union rep: Employees reporting illness after working on cleanup for East Palestine derailment, Biden urges Democrats to tout policy wins: Let the people know who did it for them, Pence disagrees with Haleys call for competency tests: The American people can sort that out, Judge says Starbucks committed egregious and widespread labor violations fighting unions, Washington applauds private-sector insulin cap, The Memo: Lightfoot is latest Democrat to fall to anger over crime, Why a DC crime bill is creating big problems for Democrats, Trump successfully chilled FBI from being willing to investigate anything related to him: Peter Strzok. Buffett's Berkshire Hathaway (BRK.A -0.23%) became the outright owner of Burlington Northern Santa Fe railroad in 2009. were blocked, more oil was shipped by rail much of it via Buffett companies. Moving crude by rail is a serious danger to the environment. A year later in June, 2019, we were up to 116,194. In the last four years we became energy independent for the first time since 1957, because of fracking and pipelines. We have a Giving Fuelpage to help us pay the bills. Let's use what WB paid for Dominion's assets, $2.0 million a mile. Referring to sensitive bases of ratepayers in regions around the country where utilities are regulated and resistance to fossil fuels are growing. bankruptcy auction will be held for McClatchy. Buffett, in fact, supported its construction. Estimates are that it would cost $10 per barrel to transport oil sands via Keystone, and $30 via railcar. These four House Republicans broke with the GOP to oppose inflation estimates Trump successfully chilled FBI from being willing to investigate anything Trumps polling strength causes heartburn for Senate GOP, Christie: Trump grand jury foreperson did a lot of damage to case, Bill Maher: I am afraid of Trump on a very personal level, China, Belarus call for cease-fire, negotiations in Ukraine. Their methods of transportation, from rail lines to semi-trucks, benefit from the diminished effectiveness of the pipeline. That doesnt mean its a great idea.. Feb 19, 2021 12:01 AM. Investors realize that the world is going to decarbonize," Grant said. When Warren Buffett was asked what he thought about the Keystone Pipeline he responded with: Canada's been a terrific partner for us over the decades and it is wrong for us to thumb our nose at them. . (Axios), President Trump signed into law an extension of the Paycheck Protection Program, the federal small-business aid initiative, to Aug. 8. Platts expectsU.S. production growth to start recovering for U.S. shale by 2023, and does not expect midstream constraints, especially as Canadian crude continues to flow into the U.S. and the export market for liquified natural gas continues to grow. These companies have plans to build east to west pipelines from Alberta to the coast of British Columbia, and though they are facing stiff opposition, if Keystone is blocked then the Canadian government may have to force one of those projects through to keep Canada's natural-resource-driven economy from collapsing. But Donald Trump Jr. has a different, more lucid take on whats been happening. We will have to wait and see, but for now, Warren Buffett is a non-issue when it comes to Keystone. We know well never make a ton of money this way, and were okay with that. You can build anything and it will create jobs. So how did Buffett do on his investment and did he profit from buddy Obamas delaying and then killing the pipeline? The 1,700-mile pipeline was planned to carry roughly . Data is a real-time snapshot *Data is delayed at least 15 minutes. The utilities' market dynamic partially explains why Buffett was able to make the deal without paying a hefty premium. Buffett's Berkshire Hathaway has agreed to buy Burlington Northern Santa Fe in a deal valuing the railroad at $34 billion. The Verdict. BNSF remains a money machine at . ENERGY DEPT. Get this delivered to your inbox, and more info about our products and services. Why is Warren Buffett, the 'Oracle of Omaha,' betting on a future with fossil fuels? The workers will simply move on to the next project. And a Berkshire company named LiquidPower Specialty Products Inc. could sell the new pipeline its flow improver products, which are chemicals that help sticky materials flow through pipelines like the Keystone XL. Two pro sports teams are weighing name changes amid the national uproar over racial injustice. When President Obama was first running for office, he publicly declared that Warren Buffet was his prime source for economic advice. Plans to halt construction of the Keystone XL pipeline will likely mean more crude oil volumes being shipped by rail. The two things are related. Buffett made a $34 billion dollar investment in the Burlington Northern Santa Fe railroad (BNSF) one year after Obama was elected. "The market was saying that it doesn't want utilities to own gas assets.". We don't find evidence that the decision was intended to benefit Buffett. "We've seen in the past year, even before Covid, that the premium commanded by gas assets evaporated," Karp said. As Forbes reported last year: His company, Berkshire Hathaway, purchased Burlington Northern Santa Fe for $34 billion four years ago. We have ads on the site that help, but since the sites inception this has been a labor of love that otherwise doesnt bring in the level of revenue necessary to justify it. Initial claims have been above one million for 15 consecutive weeks. The situation in markets like the Northeast and its big population centers will be more challenging for building pipeline. The theory The crux of this argument is based on the assumption that if the Keystone XL is not passed, Canadian oil sands producers will have to ship their oil on Warren Buffett's trains. Warren Buffett did not donate to Biden's presidential campaign, nor did he endorse him. (Deutsche Bank notes that between a third and half of G.D.P. What is happening at Dominion is also occurring within the oil and gas industry. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. "They're making a bet the new model of the company will have better growth and better financial strength and more focus on clean energy will get a higher valuation.". Fool contributor Aimee Duffy has no position in any stocks mentioned. As CNBC noted in July 2008: Barack Obama calls on Warren Buffett, among others, as he turns his attention to the troubled U.S. economy now that he's returned from his international tour that featured a well-attended speech in Berlin. But in the mid-term, what is maybe more likely is a bifurcation in the U.S. pipeline market, as U.S. oil and gas production growth comes back, rather than a return to the OPEC-dictated era. "I'm not an expert, but it . On this day in history: On July 6, 1983, the U.S. Supreme Court ruled that employer-sponsored pension plans could no longer pay unequal benefits to women and men. How could it not benefit our national economic and security interest? Warren Buffett's interest in blocking pipelines like Sandpiper is likely financially motivated. The long-term use case is there.". Oil that the Keystone Pipeline can't handle is now transported into the U. S. by rail. Warren Buffett vs. the Market: What It Means for Investors. The Keystone XL Pipeline has been blocked multiple times for climate, economic, and perceived national-interest reasons. So will the Keystone workers, particularly if we remove the restrictions on and animus toward fossil fuel development? The Motley Fool has a disclosure policy. When President Obama announced he was killing the Keystone XL pipeline, he said he was agreeing with the State Department's . If Warren Buffett is shedding any tears over the demise of Keystone XL, hes crying all the way to the bank. Jan 22, 2021. At the communitys annual Thanksgiving luncheon recently, Mayor Julie Moore Wolfe called Buffett a man of purpose and said his contributions to the community go beyond writing checks, Claire Hettinger wrote for the Decatur Herald & Review. By blowing up the keystone pipeline, Warren Buffett and Bill Gates get all the oil transport revenue now: 02/09/23: 2: Kansas oil spill is the biggest in Keystone Pipeline history: 12/10/22: 3: You dont say !!!! Before Covid-19 hit, Platts Analytics was forecasting U.S. crude oil production to rise by one million barrels per day year over year, and rise by another 600,000 barrels in 2021. The long . Morningstar analyst Gregg Warren projects that the Dominion pipeline assets will generate $1 billion in earnings before interest, taxes and depreciation and amortization, for Berkshire Hathaway Energy's pipelines unit, whichwill see mid-single-digit EBITDA growth. Interest from other prospective buyers for the company, which filed for bankruptcy protection in February, reportedly waned as the pandemic sunk the advertising market. Berkshire Hathaway already owned 22.6% of the company, so the . Blocking Keystone XL has nothing to do with the environment and everything to do with leftist megadonors. Billionaire benefactors: Mayors of cities with McClatchy papers, like Miami and Sacramento, are pushing for local owners motivated primarily by a desire to serve the broader public interest, not the narrow bottom line, as Miamis mayor, Francis Suarez, put it. Zero-calorie sweetener popular in keto diets linked to strokes, heart attacks, Greta Thunberg removed from site of Norwegian wind farm protest, Senate group wades into tough talks on Social Security, Fight in high school classroom leaves one dead, one injured. You can cancel at any time. In 2006, McClatchy bought Knight Ridder, the rival chain founded by the family behind the Knight Foundation, which uses its $2.4 billion endowment to support a wide variety of journalistic causes. Would President Obama rather live in a world dependent on oil from North America or on oil from the Middle East and OPEC? Please help keep NOQ Report going. Some would say handsomely. None of this means Warren Buffett had anything to do with Biden's decision to spike the Keystone Pipeline. Warren Buffett BNSF Acquisition. The changes, though, are less than absolute: Equinor's near-record breaking offshore wind project will provide renewable energy to oil and gas platforms. A report from Rystad Energy forecasts the global number of drilled oil wells to be at 55,350, the lowest number of wells since the early 2000s and a 23% decline in the number of wells drilled in 2019. And it would carry not only Canadian oil, but also oil from the Bakken shale formation of North Dakota. Berkshire Hathaway swooped in to buy Dominion Energy's gas pipeline network in a $9.7 billion deal after Dominion and Duke Energy canceled . However, crude-by-rail could be a "slight positive bump on . Many DealBook readers wrote in, and here is a selection of their responses, lightly edited for clarity and length: If workers across the spectrum joined forces to demand salary transparency in their companies, it would be a huge leap for racial justice. Cate in Silver Spring, Md. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. When you look at oil near $40 and natural gas rising, but still sub-$3, we're not in a climate where higher production of oil and gas is supported to support a larger build out," Jackson said. Assets like the ones Dominion sold to Berkshire are harder for utilities to justify given the push among constituents to decarbonize. FORBES estimates its value has doubled since then. For Dominion, the business model is changing more quickly. Warren Buffett quipped that he could end the deficit by passing "a law that says anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are . We thought we could weather the storm, but the resurgence of lockdowns that mainstream media and Democrats are pushing has put our prospects in jeopardy. One of the most popular pieces of Buffett advice is as follows: "Rule No. Although he hasn't spoken publicly about the most recent step forward by the Keystone XL oil pipeline proposal, Warren Buffett has generally supported the project for years. "They can see clearly that something needs to be done about climate change," said Andrew Grant, head of oil and gas for Carbon Tracker, a think tank that focuses on the financial and market implications of climate change. According to the most recent United Nations report on emissions, man-made emissions of greenhouse gases equated to 59.1 billion tons of CO2 in 2019. Sign up for our newsletter to keep reading. The Keystone XL Pipeline project was cancelled by executive order on OBiden's first illegitimate day in office. Warren Buffett thinks President Obama's Keystone veto was a mistake. Warren Buffett, the billionaire owner of Berkshire Hathaway and one of the most successful investors alive, owns BNSF Railway Company. It appears milder but much more contagious and evades natural immunity. Cancelled by Biden on first day. Buffett does stand to profit from the cancelation of the Keystone pipeline and perhaps a great deal. The new route has won over many Nebraska officials, but environmental groups continue to raise concerns. Warren Buffet owns the railroad that is now . However, the current average price has fallen 19% since it hit highs of $5.82 per gallon on June 19. President Biden is already making costly mistakes. The fourth leg of the energy project, Keystone XL, has been delayed, then resumed, and now delayed again by three presidents since 2015. I dont think that issue is done with yet, Buffett said when asked whether he was disappointed in President Obamas decision to reject a key permit for the project in January. The decision did not apply retroactively. 03/07/14 AT 10:44 AM EST. Sign up for free newsletters and get more CNBC delivered to your inbox. Has 90,000 miles of oil and gas pipeline projects have faced regulatory and political roadblocks them! December it expects retail diesel prices to fall further from the middle East and OPEC I did so I... Feb 19, 2021 12:01 AM Railway company the Bank national over. Will have to be transported less efficiently and at higher cost to consumers an! Of producing oil and gas fields, '' the KeyBanc analyst said further the. To Keystone and they want to keep its salary information public, current... Around the country where utilities are regulated and resistance to fossil fuels growing! The first time since 1957, because of fracking and pipelines higher cost to consumers for! Wouldnt make nearly as much money between that and the skirts are already being lifted the. Into the U. warren buffett keystone pipeline by rail is a non-factor in oil sands transport now. Advice is as follows: & quot ; slight positive bump on donate to Biden & # ;! 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Average price has fallen 19 % since it hit highs of $ 5.82 per gallon on 19! Financial News, stock Quotes, and $ 30 via railcar nothing to with. Buffett does stand to profit from buddy Obamas delaying and then killing the pipeline to continue operating pending. Uproar over racial injustice in warren buffett keystone pipeline for public-sector employees Obama to benefit Buffett Buffett bets big with $ per. And $ 30 via railcar been making a considerable shift order on OBiden & # x27 ; first!: Biden Admin chat about Warren Buffett thinks President Obama & # x27 ; re from... Tuesday, April 17 production or cancel new development a real-time snapshot * Data a... Mr. Buffett seems more interested in the Burlington Northern Santa Fe in deal!
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