Keystone XL Pipeline Blocked Because Warren Buffett Says So
52 minutes ago
From the first time the Keystone XL Pipeline bill was brought to Congress, Democrats have voted against it. Barack Obama has repeatedly stated that he would veto the bill if it made it to his desk. Democrats have consistently used hypothetical environmental disasters to justify their blockage of the bill that would be a huge positive to our nation.
The Keystone XL Pipeline would transport crude oil from the Canadian oil fields to the refineries in Texas. Directly and indirectly, the pipeline project could create between 10,000 to 50,000 jobs and play a huge part in America becoming energy independent. You would think that Democrats, who claim to be the political party of working America, would be more than supportive of the project, but that’s not the case. Support for the pipeline is coming from the Republican Party, which is mistakenly referred to as the party of the wealthy.
But why are the Democrats and Obama so dead set against creating so many jobs and helping America become energy independent?
Because tycoon Warren Buffett says so!
Currently, Canadian crude oil is transported from Canada to the Texas refineries via the Burlington Northern Santa Fe Railroad (BNSF). This railroad is the second largest freight railroad in North America and a very large part of their business is the transportation of the Canadian oil.
In 2010, BNSF shareholders voted to accept an offer from Berkshire Hathaway to purchase the remaining 77.4% of the company’s stock that they didn’t already own. Berkshire Hathaway is owned by Warren Buffett who is one of the wealthiest men in America and the world.
BNSF Railroad makes about $30 for every barrel of Canadian crude oil they transport to the Texas refineries for an annual income of around $2 billion. If the Keystone XL Pipeline was approved and completed, it is estimated that it would cost only about $10 per barrel to transport the crude oil from Canada to Texas. If that happened, Buffett’s railroad stands to lose nearly $2 billion of annual revenue.
Buffett is a huge donor to Barak Obama and the Democrats. He is also a very powerful and influential man and generally what Buffett says people do. Barack Obama is literally Buffett’s slave in the White House who does everything his master tells him to do. Obama then passes those commands on to the rest of the Democrat slaves who also obey the master’s edict.
It’s a foregone conclusion that Republicans will bring up the Keystone XL Pipeline bill next year after they have control of the Senate. When that happens, all Buffett has to do is tell his slave to veto the bill and I’m certain that Obama will do as he’s told. If votes go along party lines, Republicans do not have enough votes to override Obama’s veto. But some Democrats have expressed support of the bill because they understand the huge positive impact it will have on America.
Currently, Republicans will have 53 Senate seats and 244 House seats come January. If Bill Cassidy defeats incumbent Mary Landrieu this Saturday, that will give Republicans 54 seats in the 114th Congress. To override Obama’s veto, they will need 67 votes in the Senate and 291 votes in the House. Unless enough Democrats decide to do what’s right for America, Buffett’s edict will continue to prevail.
Read more at
http://godfatherpolitics.com/18928/keystone-xl-pipeline-blocked-warren-buffett-says/#FV5B9Ie2GbFi1DHy.99
