MORE OF THIS ADMINISTRATION’S LOUSY ENERGY POLICY: North Dakota Stuck Using More-Costly Railroads to Move Oil. “Right now, about 25% of North Dakota’s oil travels by rail. According to the CBS News report that ‘will increase exponentially with increased oil production and the shortage of pipelines.'”
UPDATE: Reader Jack Lillywhite emails:
And who has a big stake in Burlington Northern? A guy in Omaha named Buffett.
And by having TransCanada tie its Keystone XI to the border crossing approval you can’t get a segmented line from Montana to Port Arthur, TX that the Bakken field could tie into. That is the concept. A collector system named the BakkenLink runs down to Montana from ND and ties into Keystone XI (known as MarketLink). A twofer you might say.
So, in a way it is a Win-Win for Obama – He wins his Green base and his Crony Capitalism base. Pretty clever, eh?
They win, we lose. As usual.