Will Buffett's call for natural gas-powered trains be a boon for the industry? No, but the industry will be just fine, anyway.
In his latest letter to investors, Warren Buffett made headlines stating that "The railroads are definitely experimenting with converting to natural gas." While that sounds promising for the natural gas industry, there are a few good reasons that it probably won't amount to much.
Michael Olsen, CFA has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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