Tag Archives: Bloomberg

Censored News!!! Obama’s crony Warren Buffett profits from nixing of Keystone pipeline

A headline on Drudge Report this morning says:

Buffett's Railroad WINNER From Obama's Keystone Pipeline Denial...

But if you click the headline, you get an “Error 404: File not found” message.

That’s because within half an hour after Bloomberg first posted the article, it was pulled.

Happily, someone had copied the article before it was pulled. You can read it (in PDF format) for yourself. Click here!

This is the article that they don’t want you to see.

Buffet’s Burlington Northern Among Winners From Keystone Denial

By Jim Efstathio Jr.

January 23, 2012 12:00 AM EST

Warren Buffet’s Burlington Northern Santa Fe LLC is among U.S. and Canadian railroads that stand to benefit from the Obama administration’s decision to reject TransCanada Corp. (TRP)’s Keystone XL oil pipeline permit.

With modest expansion, railroads can handle all new oil produced in western Canada through 2030, according to an analysis of the Keystone proposal by the U.S. State Department.

“Whatever people bring to us, we’re ready to haul,” Krista York-Wooley, a spokeswoman for Burlington Northern, a unit of Buffet’s Omaha, Nebraska-based Berkshire Hathaway Inc. (BRK/A), said in an interview. If Keystone XL “doesn’t happen, we’re here to haul.”

The State Department denied TransCanada a permit on January 18, saying there was not enough time to study the proposal by Feb. 21, a deadline Congress imposed on President Barack Obama. Calgary-based TransCanada has said it intends to re-apply with a route that avoids an environmentally sensitive region of Nebraska, something the Obama administration encouraged. [...]

If completed, Keystone XL wold deliver 700,000 barrels a day of crude from Alberta’s oil sands to refineries along the Gulf of Mexico, crossing 1,661 miles over Montana, South Dakota, Nebraska, Kansas, Oklahoma and Texas. [...]

Shipping oil using tank cars on rail costs about $3 more a barrel than pipeline transport [...]

To contact the reporter on this story: Jim Efstathiou Jr. in New York at jefstathiou@bloomberg.net

To contact the editor responsible for this story: Jon Morgan at jmorgan97@bloomberg.net

Read the rest of the censored article here.

If you twitter, send a Twitter to Bloomberg (@BloombergNow) to let them know how you feel!

UPDATE (1.25.2012):

Yesterday afternoon/evening, Bloomberg restored the news article. They likely were shamed by having pulled/censored it. Besides, since the article is all over the net, no point in suppressing it! LOL

~Eowyn and DCG

Showdown: Will Federal Reserve Obey Court Order?

H/T Kelleigh

~LTG

 

Agenda 21: Mayors Will Lead at 2012 Conference in Rio

I caught this on the BBC broadcast on PBS tonight.  Mayor Michael Bloomberg in New York City says it’s up to the cities to take the leadership role in “Climate Change” because states and feds have dropped the ball.  Every city and county in the country is tied into Agenda 21 through membership in unelected World Government through  ICLEI.                                See Bloomberg’s interview here.

~LTG