Jan 21, 2021 · Joe Biden blocked the Keystone XL pipeline permit on his first day in office, reversing former President Trump’s revival of the pipeline.
Follow the Money:
Burlington Northern Santa Fe Railroad ( BNSF) owns all of the rail lines in the US that connect to western Canada, and they haul 80% of the crude from Canada to the Midwest and Texas or charge other Short Line railroads a fee to used their tracks. BNSF charges $30.00 per barrel to haul the oil while the Keystone Pipeline would cost $10.00 per barrel by the State Department’s own estimates.
BNSF is owned by Berkshire Hathaway whose chairman is Warren Buffet.
In the last two election cycles, Buffet gave extensively to Democrat causes and candidates. He also bundled and hosted numerous fund raisers for Obama.
If anyone believes the Keystone Pipeline isn’t being blocked by Biden on Buffet’s behalf, I’ve got a bridge to sell you. Buffet could stand to lose $2 billion + a year if the pipeline is constructed. He makes the same amount every year that the pipeline is delayed.
CONGRATULATIONS to — JOB KILLING JOE
We now have Global Corporate Oligarchy for government in America.
And the Cheap Labor Express just went on steroids. The Wall ends, amnesty happens and H-1b increases.
Taxes will spike - fuel, property, VAT, recreational, luxury, ammo, ‘equity’. Got gas-drinking big boy toys? Boats, ORVs, UTVs, snowmobiles, RVs, sport planes? Enjoy them while you can still afford them.
I’m glad I (and my parents) knew and lived as American middle class. It will soon be extinct, a fond memory.