tag:blogger.com,1999:blog-1657932465312772215.post8642648438242477515..comments2023-10-30T07:26:54.806-07:00Comments on Not Another New England Sports Blog!: Buffet's Berkshire-Hathaway Announces BNSF Deal- Railroad Stocks SurgeFenway_Nationhttp://www.blogger.com/profile/03429660763096017228noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1657932465312772215.post-78083072022020501592009-11-04T13:11:01.877-08:002009-11-04T13:11:01.877-08:00spongebubba103 said...
Hopefully cap and trade do...<i> spongebubba103 said... <br />Hopefully cap and trade doesn't kill BNSF's coal routes seems they transport a lot of coal every day. Also noticed they service a lot of Buffets other businesses.Could we be looking at a Standard Oil type of move where he is trying to monopolize the transport rather than the commodity? </i><br /><br />Part of me is inclined to think that Mr. Buffet made this purchase because he might know something about cap & trade that most of us don't (either cap & trade is dead in the water or Powder River coal is classified as 'clean' and gets a repireve).<br /><br />A map of the present-day Union Pacific or BNSF looks like (hypothetical) end results of the rail baron's proposed mergers that led to Teddy Roosevelt's 'trust-busting' nearly 100 years ago. Buffet probably figures that the traffic base is diverse enough (coal, grain, intermodal, ethanol, etc) for his new investment to withstand any adverse economic climate. The 'monopoly' train left the station in 1996 when Union Pacific's takeover of the Southern Pacific and Chicago & Northwestern and the merger between Burlington Northern and Atchison, Topeka & Santa Fe were apporved.Fenway_Nationhttps://www.blogger.com/profile/03429660763096017228noreply@blogger.comtag:blogger.com,1999:blog-1657932465312772215.post-26509808225446179112009-11-04T02:37:35.202-08:002009-11-04T02:37:35.202-08:00Hopefully cap and trade doesn't kill BNSF'...Hopefully cap and trade doesn't kill BNSF's coal routes seems they transport a lot of coal every day. Also noticed they service a lot of Buffets other businesses.Could we be looking at a Standard Oil type of move where he is trying to monopolize the transport rather than the commodity?soxfan4lifehttps://www.blogger.com/profile/17385258907394583514noreply@blogger.comtag:blogger.com,1999:blog-1657932465312772215.post-46863554734858712292009-11-03T20:25:15.820-08:002009-11-03T20:25:15.820-08:00Just wanted to say thanks for the comment on my bl...Just wanted to say thanks for the comment on my blog - got a lot of work to do and been blogging a bit too much today (very happy with the GOP win in NJ :).<br /><br />Hope to catch up soon - nice to see the blog is going well, the entries look great.Ashokhttps://www.blogger.com/profile/13888023208356336263noreply@blogger.com