by traffic cop
Apr 23, 2014
Warren Buffet is CEO and largest stockholder (33% Class A, 10% Class B, 35% aggregate voting power) of Berkshire Hathaway. BNSF RR is wholly owned by Berkshire Hathaway. Any oil not transported by pipeline must go by rail, for which BNSF is best situation geographically. My take: Keystone XL approval after November elections. Thanks for getting in touch!