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Buffett's Burlington Northern Among Pipeline Winners

Published:

http://www.bloomberg.com/news/2012-01-23/buffett-s-burlington-northern-among-winners-in-obama-rejection-of-pipeline.html

The rail option, though costlier, would lessen the environmental impact, such as a loss of wetlands and agricultural productivity, compared to the pipeline, according to the State Department analysis. Greenhouse gas emissions, however, would be worse.

Guess who it's going to be "costlier" to. But, at least no insects and spotted owls will be inconvenienced.

Entry #708

Comments

1.
rdgrnrComment by rdgrnr - January 25, 2012, 4:16 pm
Pay no attention to the man behind the curtain!
2.
JAP69Comment by JAP69 - January 25, 2012, 6:24 pm
What happens when they have a major derailment with numerous rail cars bursting open spilling the crude that has been cut to liquify it more. Catches fire a lot of cars not burst open could heat expand and burst too.
They going to put security guards along the rail line to watch for someone setting explosive charges?
3.
time*treatComment by time*treat - January 25, 2012, 7:42 pm
@JAP69, one of the first things I thought about when reading this was the possibility of a derailment. Who knows, maybe Silverstein .. er .. I mean .. Buffett has insurance for such an event, as they're in that business, too.

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