- Timeless and Time-Tested Warren Buffett Watch Predictions
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- Buffett's Wealth and Fame Hasn't Helped 'Warren' As a Name
- CNBC VIDEO: Warren Buffett & Bill Gates 'Walk & Talk' at Columbia University
- Warren Buffett to CNBC: Curbing Fed's Independence Could Lead to 'Mischief'
- Warren Buffett to Co-Chair Goldman Sachs Program to Help Small Businesses
- Warren Buffett: 'Reasonable Return is Good Enough' for Long-Haul Railroad Ride
- Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
- Warren Buffett's Berkshire Portfolio Snapshot Coming Later Today
RSS FEED
MOST SHARED
- Timeless and Time-Tested Warren Buffett Watch Predictions
- Governments Must Take Steps To Avoid More Dubais: El-Erian
- Black Friday Sales Disappoint Investors; Amazon Up
- Tamminen: Copenhagen And Beyond
- Oil Demand Sees Year-Over-Year Rise, First Since 2007
- BofA Aims to Clearly Spell Out Credit Card Terms
- Get Paid Six Figures to Wear a T-Shirt?
- Goldman Sachs Party Ban: No Gatherings of 12 or More
- US Shoppers Spent Less Over Black Friday: NRF
- US Senator Opposes Fed Chief Bernanke Renomination
- Why Careful Shoppers Are Great for the Box Office
- Blue Nile CEO: 'We're Having the Best Cyber Monday Ever'
- Best Online Retailers to Buy Now: Internet Analyst
- ESPN The Magazine’s Body Issue: A Financial Success
- Cyber Monday: The Last Vestige of Dotcom Hype
- Dubai Fear is 'Noise'—Stay Fully Invested: Strategist
- Tech Comes to Holiday Shopping's Rescue?
- Timeless and Time-Tested Warren Buffett Watch Predictions
- Roginsky: The Botax Whose Time Has Come
- Iranian Seizure of British Yacht Pushes Oil Above $77
- Should Homeowners Be Able to Stop Paying Mortgage?
- Buffett's Predictions For Next Year—And Every Year
- The World's Biggest Debtor Nations
- Goldman Sachs Party Ban: No Gatherings of 12 or More
- Fed Tweaking Plan to Pull Money Back out of Economy
- Scientists Gone Wild: Climate Debate Turns Nasty
- Blue Nile CEO: Having 'Best Cyber Monday Ever'
- Slideshow: The Real Cost of the 12 Days of Christmas
Warren Buffett Watch
Text Size 
 |
Regional Municipality of Wood Buffalo Aerial view of Fort McMurray, Alberta. |
The Calgary Herald reports on its website tonight (Tuesday) that Buffett and Gates were impressed by their tour of the Canadian Natural Resources [CNQ
Loading...
()
] Horizon oil sands development north of the small, but booming, city of Fort McMurray, roughly 1600 miles northwest from Omaha.
While the company would only confirm that Buffett and Gates got a tour, the newspaper quotes an official from their co-host, the Canadian Association of Petroleum Producers as saying, "They (Buffett and Gates) were exercising curiosity, basically saying, 'Wow, this is neat.'"
The paper also cites a source as saying the two multi-billionaires came to satisfy "their own curiosity" but also "with investment in mind."
Last fall, an investor attending a private gathering with Buffett in Toronto reported that he expressed interest in Alberta's oil sands, in part because it's a known resource and thus not as risky as speculative drilling for oil.
Today's Calgary Herald piece notes that the oil sands industry has been heavily criticized by environmental groups and some U.S. mayors over its impact on air and water quality.
Current Berkshire stock prices:
Class A: [US;BRK.A
Loading...
()
]
Class B: [US;BRK.B
Loading...
()
]
Questions? Comments? Email me at
Data is a real-time snapshot *Data is delayed at least 15 minutes