Saturday, January 28, 2012

'Thank You, Warren.' 'No, Thank You, Mr. President!'

By Joe Herring

The "tar-sands" oil from Canada, and the crude from the Bakken and Three Forks formations in North Dakota, will be extracted regardless of the ultimate fate of the Keystone XL pipeline, but should the pipeline not be built, nearly all of the transport infrastructure for moving this oil will belong to one man: Warren Buffett.

A report on Bloomberg News outlining the benefits expected to accrue for the Omaha-based billionaire from the denial of the Keystone XL permit has received a great deal of play, appearing as a lead story on The Drudge Report, on Glenn Beck's news site "The Blaze," and in commentaries around the internet on sites such as Human Events.

Read more: http://www.americanthinker.com/2012/01/thank_you_warren_no_thank_you_mr_president.html#ixzz1kktu0w5R

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