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Leeb on oil      6-Nov-09 11:15 am    
This week, Warren Buffett made his biggest purchase ever, spending $26 billion to buy the Burlington Northern Santa Fe railway company.

Why?

Because he knows, as I've been predicting for some time, that oil prices will be going through the roof in the months ahead. As that happens, transportation companies will see their fuel costs skyrocket. And as fuel becomes the biggest expense when it comes to moving goods, railroad companies will find they have a considerable advantage over truckers.

Of course, it won't just be the railroads that benefit from this trend. Oil companies will see their profits explode as well as demand for oil shoots past available supplies. And many oil service companies will themselves in a very sweet position. Their profits could be the highest in the energy industry.

I want to help you take advantage of this historic bull market in energy and other commodities. That's why I have
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despiteit1

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Leeb on oil
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Hess Corporation (HES)

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