It had nothing to do with pandering to environmentalists and everything to do with rewarding his buddy Buffett.
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Unions, Buffett, Robber Barons and Cronies Now Have Our Oil, Oh MyÂ
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It’s already been widely reported that Warren Buffett, a major shareholder in Obama, Inc. will be one of the primary beneficiaries of the decision from the White House to kill the Keystone pipeline and the jobs it would create.
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The administration now makes no attempt at all to disguise the fact that most decisions he makes are made in the best interest of Obama, Inc. shareholders.
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Buffett’s railroad, the BNSF Railway- now a wholly-owned subsidiary of Obama, Inc.- in a remarkable coincidence, will instead, apparently and patriotically, transport Canadian oil to the US at only a slight premium to the oil companies than it would have cost to transport via the Keystone pipeline.
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Ohmygosh. What a fortunate coincidence for all of us. Maybe now Buffett’s secretary will be able to afford the higher tax bracket her jerk-off boss puts her in and she won’t have to decide between her medication and cat food.
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Obama has decided thusly to kill the pipeline even though: 1) Transport costs will be more expensive; and 2) The transport method will introduce more of the dreaded “carbon†into our atmosphere. Remember the thing that activists have been protesting against?
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Net/net environmentalists have just made sure that more “carbon†will kill our planet even more quickly under their theory.
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It’s a win-win-win. Obama and Buffett and Buffett’s secretary all benefit.
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And really: Who else is there to be concerned about?
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Seriously though: You just can’t find a group more gullible than environmental activists.
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Click above to read more.
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Liberal/progressives were soooooo (supposedly) concerned about bursting and leaking piped. Right. Don't we hear about more train wrecks than about leaking and bursting pipes?







Comments: 16
a big winner there is westport innovations.
they are the only company set up and running, to convert deisel/gas engines in natural gas.
it takes a huge investment to get the equipment for this process - so no one is going to be jumping in anytime soon to compete.
any guesses who owns over 3MM shares? which is close to 10% of their total shares issued?
sing along now - "hey there - georgie boy ..................."
I have not followed the issue closely, I'm wonder why the President has any involvement in the pipeline?