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supports building the Keystone XL pipeline that TransCanada wants to build to carry Canadian oil south across the Great Plains to connect to Gulf Coast refineries. • Buffett was asked about the project that would cross Nebraska Monday on Fox Business Network. • Buffett says he's not an expert on the project, but he thinks it generally makes sense to build the pipeline. • Last week, TransCanada reapplied for a permit to build the pipeline after changing the route through Nebraska to avoid the environmentally sensitive Sandhills region. • State Department approval is needed because the $7 billion pipeline would cross a U.S. border before crossing Montana, South Dakota, Nebraska, Kansas and Oklahoma. TransCanada has also proposed connecting the pipeline to the Bakken oil field in North Dakota. •
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