The Washington Free Beacon reports:
Democrats who oppose the Keystone XL pipeline have thousands of dollars invested in direct competitors to the company looking to build the pipeline, public records show.
A recent environmental assessment by the State Department was seen as a step toward the pipeline’s approval, but Sen. Tim Kaine (D., Va.) remains opposed to its construction.
Tim Kaine isn't the only one:
Another anti-Keystone Democrat, California Rep. Alan Lowenthal, has between $15,000 and $50,000 invested in Enbridge Energy Management, $1,000 to $15,000 in Kinder Morgan Energy Partners, and $15,000 to $50,000 in Kinder Morgan Management, which is a limited partner in and handles everyday management for the company’s Energy Partners subsidiary.
Lowenthal has been less outspoken then Kaine on Keystone, but he voted against legislation last year that would have approved the pipeline without sign-off from the administration, which has repeatedly put off a decision on the project.
He was also one of 22 Democrats to sign a December letter to U.S. Trade Representative Michael Froman insisting that the Keystone Pipeline would be detrimental to the environment.
No word yet from railroad man Warren Buffett on this story.
