Warren Buffett Underscores Keystone Pipeline Support

Omaha billionaire Warren Buffett repeated his support Monday for the hotly debated Keystone XL pipeline.

Buffett was asked about it during an interview on CNBC and he underscored his backing for the project.

He said, “I don't believe in the Keystone pipeline because of the jobs you make building it. I mean, you can build anything and create jobs. But, I believe it, I just believe it's a useful pipeline."

As he has done in the past, Buffett was live from Omaha Monday morning for three hours on CNBC following the weekend release of his letter to shareholders.

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