BILLIONAIRE BUFFET BACKS KEYSTONE XL

Mar 02, 2015

By Bob Komsic

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President Obama may have recently vetoed legislation aimed at getting it approved, but Warren Buffett says he would have approved the project.

Warren Buffett And BofA CEO Brian Moynihan Speak At Georgetown University

The billionaire investor calls Canada a terrific partner and Canadian oil a valuable resource for North America.

Since Buffett owns interests in the rail industry there had been speculation he may have been lobbying against the pipeline.

A prominent opponent in Nebraska says this should make it clear that the opposition movement is not being bankrolled by the state’s wealthiest resident, the so-called ”Oracle of Omaha.”

The 84-year old business magnate, investor and philanthropist’s net worth is an estimated $73-billion.

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