I am just throwing stuff out here as my perusings about this continue. I know squat about the movement of oil etc . other than I hopped trains many years ago. How does Canada now move the oil if pipeline construction is halted? Does this now need to be moved to refineries by rail? I see Gates and Buffett own a huge chunk of railroad shares . Buffett owns BNSF ( Berkshire Hathaway) Gates is largest shareholder of CNR . Do these two now compete for the bid to move Canada oil via RR tanker? Gates owns a ton of land out west, does any of it have RR lease, mineral lease etc? Just curious.
With lack of pipeline capacity, so much oil gets moved by rail and truck, there is almost no room to ship grain. Buffett wins huge.
Sometimes I think the US financial wizards want to landlock Canadian oil, to keep as their private reserve.
