September 19, 2021

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WARREN BUFFET IS MAKING $BILLION$ OFF THE KEYSTONE PIPELINE’S DEMISE

by HN

So much for “climate change”, or “global warming” or “saving the earth” when it comes to leftist billionaires. Not a peep from Greenpeace or any of the GAIA tree huggers. No. The hypocrisy of the left and the illegitimate OBiden regime knows no bounds. Neither does the stupidity of their supporters.

Moving crude by rail is a serious danger to the environment. It is also costly, inefficient, compared to oil pipelines, which are far safer. But moving oil by rail as far as Warren Buffet is concerned, is good business.

The Keystone XL Pipeline project was cancelled by executive order on OBiden’s first illegitimate day in office. The action killed thousands of jobs in a pen stroke and hobbled a pipeline that carried 830k barrels of heavy oil-sands crude from Alberta, Canada to Nebraska every day. It also gave both Russia and China an edge and put an end to US energy independence. These are nepotistic acts of treason. OBiden, like Obama promised “shovel ready jobs” that will never appear. And what about training oil workers for “green jobs”? When will that begin? It won’t.

So, no new green jobs, no more clean, efficient, environmentally friendly pipelines, but more costly, pollutive and dangerous diesel powered trains to transport oil. How nice. Such stewards of nature are these false democrat prophets.

It also so happens, Berkshire Hathaway owns one of the largest railroad networks in North America called the Burlington Northern Santa Fe Corp. (BNSF) that specializes in transporting oil, don’t you know? BNSF runs 32,500 route miles, across 28 states and several Canadian provinces. The Oracle of Omaha purchased the $44 billion rail line in 2009, and it wasn’t long before BNSF was Berkshire Hathaway’s “single biggest profit driver,” as reported in Business Insider . The firms rise in profits were mostly due to oil transportation as the Investment News reported in 2015.

“Buoyed by an onshore oil boom, Burlington Northern Sante Fe has become a cash machine for Mr. Buffett,” Investment News reported. “The railroad had sent more than $15 billion in dividends to Berkshire through Sept. 30, according to quarterly regulatory filings. More stunning: The business is on pace to return all the cash Mr. Buffett spent taking it private by the end of this year.”

These are facts, ignored by the New World Order controlled mainstream media. The propagandists also ignore the many oil trains that explode. These costs and damages to the environment and eco-system far exceed the cost of moving oil by rail. While, pipelines do leak, even one oil spill by rail does far more damage to the environment then decades of leaks. Once again, the sheople have been bamboozled by corrupt, treasonous politicians and criminals ruled by avarice and greed.

The fact is, oil transport by rail deadly dangerous.

Oil Train Explosions: A Timeline in Pictures – Sightline Institute

In merely one horrific example, forty-two people were killed in a Quebec trainwreck in 2013, that got little or no media attention. Gee, I wonder why?

In a 2013 article by energy writer Brian Westenhaus, regarding the accident, the writer noted that, “no pipeline failure has ever come close to this level of human death and suffering”. The US State Department confirms that rail is a more dangerous way to transport oil compared to pipelines.

The environmental impact of rail is also worse. Research shows the spill rate for hazardous material transported by rail is 33 times higher than for oil pipelines. Scholars at Carnegie Mellon University and the University of Pittsburgh also noted that transport by diesel locomotives causes twice as much pollution as pipelines.

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