Warren Buffett Is Still Bullish On Rail–And Keystone

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The Oracle of Omaha has spoken–and he’s as bullish as ever on the rail industry. He explained why inaninterviewwith CNBC, released this morning.

“It’s a business that has real economic advantages,” Buffett said. “If you look at fuel costs, drivers’ wages on the highway–as long as more goods move from place to place in this country, rails are going to get their share, and it should be a very profitable business.”

Buffett should...