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EvanGRogers 9 points ago +9 / -0

For anyone curious, BNSF is - indeed - owned by Berkshire Hathaway

https://www.cnn.com/2020/09/15/business/berkshire-hathaway-bnsf-female-ceo-trnd/index.html

Indeed - Buffet owns Berkshire Hathaway

https://www.cnn.com/2020/11/16/investing/warren-buffett-berkshire-hathaway-drug-stocks/index.html

BNSF indeed ships at least 90 million barrels of oil specifically from the Bakken oil fields (the one in question), and had invested billions to increase their ability to ship oil in 2012

https://billingsgazette.com/business/features/bnsf-ceo-says-oil-by-rail-hauling-will-contnue-even-with-keystone-xl-pipeline/article_ec9d9fd9-fb75-5839-b289-7b3b90e93d1c.html

I can't find the price per barrel for shipping, though. Here's the pricing page, but you need a login

https://www.bnsf.com/ship-with-bnsf/pricing-and-tools/index.page

This site says shipping costs $10-15 per barrel, but shipping by pipeline would be about $5, 1/3rd the cost.

https://www.eia.gov/todayinenergy/detail.php?id=7270

That means the pipeline could potentially save the economy (but hurt Buffet) by at least $1 billion each year.


If you want to encourage more fact checking, send some btc my way!

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Bandanna1 6 points ago +6 / -0

I'm going to start archiving these sites and and packeting the context of these posts and comments together, then putting it all on like literally a word doc in its own file and saving it to a USB