By: The Common Constitutionalist
Warren Buffett is President Barack Obama’s BFF.
Warren Buffett receives the Presidential Medal of Coincidence
The Keystone XL Pipeline is the oil pipeline that would carry oil from our friends in Canada down across several of our states to end up in Texas. It was first proposed in 2008.
Buffett’s Berkshire Hathaway bought the Burlington Northern/Santa Fe Railroad in 2009, shortly after Obama was elected.
Buffett’s nickname is the Oracle of Omaha. Omaha is in Nebraska, where resides the headquarters of Berkshire Hathaway; remember that.
Nebraska (with the administrations help) just happens to be the state that put the kybosh on the Keystone XL Pipeline.
As it happens, Burlington Northern Santa Fe LLC, which, as previously stated, is owned by Warren Buffett’s company, Berkshire Hathaway Inc., handles 75 percent of all the oil currently shipped by rail out of North Dakota.
Oil producers in North Dakota had planned to hook into the XL pipeline.
Strange bedfellows: Always remember a liberal is a liberal first, regardless of whatever else he or she claims to be and will always side with other liberals. So when a spokesman for the Sierra Club admitted “there is no question that transporting oil by rail or truck is much more dangerous than a pipeline,” it should come as no surprise that the eco-fanatics sided with the President to kill the pipeline.
Enter Ben Nelson, the honorable Senator from Nebraska. (I told you to remember this: Obama hearts Buffett. Buffett= Nebraska = Nelson)
"So this is what will kill the Pipeline project"
So when it comes to the Keystone oil pipeline and Buffett’s Burlington Northern, all roads lead to Nebraska.
GBTV uncovered a not so startling connection between Berkshire Hathaway and Senator Ben Nelson, who voted against the Keystone XL and lobbied that it be re-routed to avoid Nebraska, effectively killing the project. Ironically, the Senator’s attempts to thwart the pipeline were done while he himself maintained his state would heartily welcome the jobs created from the Keystone project.
While Nelson’s position then seems counterintuitive, add to it the fact that he is heavily invested in Buffett’s Berkshire Hathaway. From 2007 to 2012 Nelson contributed $27,000 to the company itself and according to a recent financial disclosure statement from 2008, he owned between $1.5 and $6 million of the company’s stock – his largest investment in any one company to date. (So by counterintuitive, I meant completely intuitive.)
It doesn’t end there, of course. Buffett’s Burlington Northern Santa Fe PAC in turn contributed $5,000 to Senator Nelson’s Nebraska Leadership PAC and Berkshire Hathaway employees have reportedly long supported the senator, contributing at least $75,550 to the Nebraska Democrat over the course of his political career according to the Center for Responsive Politics. Coincidence or quid pro quo? I vote…coincidence.
Not coincidentally, Senator Nelson penned an op-ed column on March 5, 2012 entitled “Behind Those High Gas Prices.” As you can imagine, the senator was quick to tell Nebraskans that the spike “has nothing to do with the Keystone Pipeline” and also “isn’t a result of domestic oil production.”
Now move along people; Nothing to see here.