BOSTON ( TheStreet) -- Among the biggest beneficiaries of the demand for transport of crude oil out of North Dakota's Bakken shale region are the owners of the two main rail links to the region, Canadian Pacific Railway (CP - Get Report) and Burlington Northern Santa Fe, which is owned by Warren Buffett's Berkshire Hathaway (BRK.B - Get Report).The companies are exploiting the lack of pipeline capacity needed to ship the region's rapidly growing production of crude to refineries thousands of miles away and that demand is serving to more than offset expected weakness from their shipment of agricultural products due to the drought and lower coal shipments as utilities shift to burning the cheaper natural gas.
Railroads Are on a Fast Track, Thanks to Bakken Oil
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