Union Pacific Corporation (UNP), Clean Energy Fuels Corp (CLNE): Will Buffett’s Newest Move Challenge the Competition?

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The Buffett effect
The fact that Buffett is behind the push to move rail power from diesel to LNG is significant because of the effect he has on anything he touches. BNSF is the second-largest consumer of diesel behind the U.S. Navy, so a shift here is significant. Furthermore, Buffett has significant political juice, so you should not be surprised to see a push from him and Berkshire to support LNG-powered rail if the transition is successful. Even without any regulatory pressure, the cost savings have big potential, so owners of Union Pacific Corporation (NYSE:UNP) stock are well-advised to follow these developments as they unfold.

The article Will Warren Buffett’s Newest Move Challenge the Competition? originally appeared on Fool.com.

Motley Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool recommends Clean Energy Fuels.

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