Buffett backs TransCanada’s proposed oil pipeline

Federal, state leaders salute Joplin’s recovery

A deadly May twister may have punched a hole in Joplin and Duquesne two years ago, but the resolve to repair it will help other communities stand strong when they face similar disasters. That was the message of state and national diginitaries to a crowd of about 2,500 who observed the second anniversary of Joplin’s devastating May 22, 2011, storm during a ceremony Wednesday in Cunningham Park.

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May 7, 2012

Buffett backs TransCanada’s proposed oil pipeline

Anonymous From The Associated Press The Joplin Globe Mon May 07, 2012, 03:20 PM CDT

OMAHA, Neb. — Billionaire Warren Buffett supports building the Keystone XL pipeline that TransCanada wants to build to carry Canadian oil south across the Great Plains to connect to Gulf Coast refineries.

Buffett was asked about the project that would cross Nebraska Monday on Fox Business Network.

Buffett says he’s not an expert on the project, but he thinks it generally makes sense to build the pipeline.

Last week, TransCanada reapplied for a permit to build the pipeline after changing the route through Nebraska to avoid the environmentally sensitive Sandhills region.

State Department approval is needed because the $7 billion pipeline would cross a U.S. border before crossing Montana, South Dakota, Nebraska, Kansas and Oklahoma. TransCanada has also proposed connecting the pipeline to the Bakken oil field in North Dakota.

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