CNBC - “[Burlington Northern] does it in a very cost-effective way and they do it in an extraordinarily environmentally friendly way," Buffett said. "BNSF last year moved on average a ton of goods 471 miles on one gallon of diesel and it releases far fewer pollutants into the atmosphere. It saves enormously on energy consumption and it diminishes highway congestion."
"I believe this country will prosper and will have more people moving more good 10 to 30 years from now and the rails should benefit, but it’s a bet on the country,” he added.
Warren Buffett's Biggest. Deal. Ever. - MarketBeat - WSJ: "The rationale for the deal? “It’s a bet on the country basically,” Buffett told CNBC, adding that as the country recovers from this recession, there will be an increased demand to move goods. “They do it in a very cost effective way [and] they do it in an extraordinarily environmentally friendly way,” Buffett said of railroads."
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