Tuesday, March 4, 2014

Now it's Warren Buffet, one of President Obama's favorite rich guys, saying yes to Keystone XL

Bad news just keeps coming for opponents of the Keystone XL pipeline. - Mark Tapscott/Washington Examiner

A crowd of an estimated 1,000 or so students and professional global warming protesters marched to the White House on Sunday. There were speeches, there were arrests, there were dramatic visual props to bring home the message.

But there were also thousands of Russian troops moving into the Crimean peninsula of Ukraine Sunday, so nobody much cared about the Keystone demonstration.

...Investor Warren Buffet said he supports the project even though it would provide competition for rail transport, an area in which he is heavily invested.

"I don't believe in the Keystone pipeline because of the jobs you'd make building it. You can build anything and create jobs," Buffet told CNBC Monday. "I just believe it's a useful pipeline."