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Buffet's railways switch from coal to oil

Michael Allan McCrae | August 02, 2012 | 6:35 pm Energy Coal 

Don't worry, Warren Buffet, who spent $26.5 billion on acquiring Burlington Northern Santa Fe railroad and Union Pacific Corp., is weathering the coal downturn by switching to oil and gas made plentiful by the hydraulic fracturing glut. Bloomberg has the story. Union Pacific’s shale...

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