Warren Buffett, the billionaire owner of Berkshire Hathaway and one of the most successful investors alive, owns BNSF Railway Company. The North Dakota Industrial Commission has been working to reduce flaring with the Northern Border Pipeline Company and the Dakota Pipeline Company. Nevertheless, it was shared enough that it captured the attention of Reuters, who fact-checked the meme. Even in May 2020, when much of the economy struggled with the COVID-19 pandemic, Berkshire Hathaway had$137 billion in cash. 33701 Despite being a railroad proponent, Buffett said he's not against the environmentally controversial Keystone XL Pipeline that would bring crude oil from Alberta, Canada, through the Dakotas. See here for a complete list of exchanges and delays. BHA had 18.4% higher earnings in 2022, driven by higher vehicle gross profit margins. Washington, DC Railroads continue to help the country thrive. Please, enable JavaScript and reload the page to enjoy our modern features. Or perhaps its the nutty Qanon conspiracies you see in your Twitter feed. 727-821-9494. stated on January 27, 2021 in a Facebook post: Says Joe Biden canceled the Keystone pipeline because Warren Buffett donated $58 million to his campaign. No pipeline failure has ever come close to this level of human death and suffering, Westenhaus points out. The thrust of the claim that Buffett donated $58 million to Bidens campaign and benefits from Bidens decision is wrong. Video shows President Joe Biden recalling an alien encounter. The news agency also admits trains on the BNSF carry lots of energy (especially oil and coal). Is this happening to you frequently? With this newest expansion to the Panama Canal, the trip will be immensely shortened and cheaper. Cancelled by Biden on first day. But. You dont get bargains on things like that, Buffett said in the interview. A pure market entrepreneur, or capitalist, succeeds financially by selling a newer, better, or less expensive product on the free market without any government subsidies, writes economist Thomas DiLorenzo. Warren Buffet owns the railroad that is now transporting all that oil. On Friday, The Associated Press reported on stories circulating online incorrectly assertingbillionaireWarren Buffett donated $58 million to President Joe Bidens campaign, so Biden canceled the Keystone XL pipeline as a favor to him. Buffett doesnt believe in short-term investment strategies that can lead to quick profits. Suncor has a lot of time, money and energy invested in this pipeline going through. How did it happen? This post may contain affiliate links or links from our sponsors. The Keystone XL Pipeline has been blocked multiple times for climate, economic, and perceived national-interest reasons. The action was essentially a nail in the coffin to a project that would have carried 830k barrels of heavy oil-sands crude from Alberta to Nebraska per day. It also gives Buffett opportunities to make his other investments more valuable. At the time, Obama did reject a permit for Keystone XL, arguing in his Nov. 6, 2015, statement that the pipeline would not lower gas prices, increase the nations energy security or make a meaningful long-term contribution to the U.S. economy. Leaked tax return reveals secret to pocketing $460,164 Not all types of railroads earn profits, though. As Reuters notes, the post is referring to the Keystone XL Pipeline, a project Biden canceled by executive order on his first day in office. Warren Buffet donated 58 million to Biden campaign. Cancelled by Biden on first day. Only a 1.2-mile section had been completed before Biden on Jan. 20 signed an executive order revoking the pipelines construction permit, saying the pipeline would "not be consistent with my administrations economic and climate imperatives.". See how politics works? Buffett didnt make any contributions to Bidens 2020 presidential campaign. As weve seen, rail shipments involve possible derailments, accidents and opportunities for ignition-causing friction. The newly widened Panama Canal opening in 2015 will be able to serve 89% of the LNG Shipping Freightors. Oil that the Keystone Pipeline can't handle is now transported into the U. S. by rail. It would have carried up to 830,000 barrels per day of crude oil from Alberta, Canada, to Steele City, Neb., where it would connect with another leg stretching to Gulf Coast refineries. Biden said he issued an executive order canceling the pipelines construction permit for economic and environmental reasons. 1800 I Street NW Or is it that folks in flyover country matter less to the president than his natural base of East and West Coast environmentalists? Unfortunately, passenger trains have suffered for decades. Even in May 2020, when much of the economy struggled with the COVID-19 pandemic, So far, Warren Buffett and Berkshire Hathaway have not chosen to purchase, There have been rumors for years that Warren Buffett would buy. On the other hand, its not unreasonable to suspect that unproductive entrepreneurship may have played a role. LNG exporters on the West Coast of North America. While the nation has been arguing over the Keystone, Berkshire Hathaway has been cashing in. Does Warren Buffett own the railroad? In this Dec. 18, 2020 file photo, pipes to be used for the Keystone XL pipeline are stored in a field near Dorchester, Neb. Warren Buffett, the billionaire owner of. 1800 I Street NW It would take a remarkable technological revolution to make trains obsolete. Maps of the Keystone Pipeline System and Keystone XL Pipeline show its route: they Keystone XL would have created a shortcut in transporting oil from Alberta to Nebraska, while the existing Keystone Pipeline System connects the Canadian source to multiple U.S. states ( here ). Veritone vs C3.AI: Which Is Better AI Stock. While Buffett donated to the Democratic Congressional Campaign Committee (DCCC, the committee working to elect Democrats to the House of Representatives) and to former astronaut and junior senator Mark Kelly (D-AZ), no other political recipients are listed for this election cycle of 2019-2020 (this was also reported by Yahoo! Pfizer made $37 billion in profit in its last quarter. The posts say Buffetts railroad is now transporting all that oil following the Keystone XL Pipelines cancellation. Furthermore, a 2013 Pew survey report indicates that a large majority of Americans agree with these common sense ideas. Theyll tell you about how the Middle Easts 1973 and 1979 embargoes against exporting oil to the U.S. resulted in long lines at the gas pump, rules about filling up your tank based upon whether your license plate ended in an even or odd number, etc. ", People not vaccinated against COVID-19 came out the best. Perhaps he doesnt want to buy a railway that will compete with BNSF. 727-821-9494. stated on October 27, 2021 in post on Facebook: Keystone Pipeline was blocked by Obama on Warren Buffetts behalf. Financhill has a disclosure policy. This brings me to the Panama Canal. The increased capacity of Burlington Northern to move oil caused Oneok (NYSE: OKE), one of the owners of the Northern Border Pipeline Company (with TransCanada Corporation (TRP)), to make an announcement that it would not be continuing to build oil pipeline from the Bakken area through North Dakota and Montana to Cushing, OK. Cushing is a hub to transport oil and natural gas down to the Gulf. In this Dec. 18, 2020 file photo, pipes to be used for the Keystone XL pipeline are stored in a field near Dorchester, Neb. Bidens executive order offers little explanation beyond platitudes, such as claims that the pipeline would undermine US climate leadership.. Fact check: Buffett did not donate to Biden; oil that would have been transported through the Keystone XL Pipeline will use existing infrastructure, not Buffett-owned railroad During this year, 110.2 million barrels of crude oil were transported from Canada to the United States by rail ( here ), meaning only about 8% of the years imports from Canada traveled by rail. RT @Frida_Goman: Biden canceled the Keystone Pipeline because it was unsafe. Recently there was a meme going around claiming that President Joe Biden spiked construction of the Keystone XL pipeline on his first day because of political donations from Warren Buffett, the billionaire investor who runs the multinational conglomerate Berkshire Hathaway. The Keystone pipeline. As for the claim about Buffett's concern for the pipeline it's true that Berkshire Hathaway owns BNSF Railway, which carries crude oil and has an interest in transporting Canada's supply. Correction Feb. 3, 2021: Removing reference to Energy Information Administration / Department of Energy in paragraph 15, the data is from BTS. St. Petersburg, FL The horrible truth is train transport is far more dangerous, energy writer Brian Westenhaus has pointed out. They snake in very long lines (too many to count) as they make their way to an oil refinery south of Wilmington. A political entrepreneur, on the other hand, succeeds primarily by influencing government to subsidize his business or industry, or to enact legislation or regulation that harms his competitors.. Maybe its the fake Robin Williams quote your aunt shared on Facebook. Days after U.S. President Joe Biden cancelled construction plans for the Keystone XL Pipeline - meant to carry oil from Canadas Alberta province to Nebraska - posts on social media alleged this move was due to Warren Buffetts extensive political donations to Bidens campaign. Buffett has been reaping the benefits of the Keystone pipeline not being built because of his railroad shipping oil from the Bakken oil fields. Another factor in these crashes/derailments is that much of the crude oil involved is of a type (Bakken) that ignites at a lower temperature than other types, due to the higher levels of natural gas in Bakken oil. In 2018, he gave $33,900 to the Democratic Congressional Campaign Committee, $33,900 to the Democratic Senate Campaign Committee, and $2,700 each to the campaigns of Democrats Donna Shalala and Rufus Gifford. stated on February 26, 2023 an Instagram post: stated on February 8, 2023 a Facebook post: stated on February 7, 2023 a post on Facebook: stated on February 6, 2023 an Instagram post: stated on January 25, 2023 an Instagram post: stated on February 4, 2023 a Facebook post: stated on January 27, 2023 a Facebook post: stated on January 23, 2023 an Instagram post: stated on January 15, 2023 an Instagram post: stated on January 12, 2023 a Facebook post: stated on January 5, 2023 a Facebook post: stated on January 3, 2023 a video shared on Instagram: stated on February 25, 2023 in a Facebook post: stated on February 22, 2023 in a Facebook post: stated on February 26, 2023 in an Instagram post: stated on February 27, 2023 in a Facebook post: stated on February 15, 2023 in a Facebook post: stated on February 26, 2023 in a video on Facebook: stated on February 25, 2023 in an Instagram post: stated on February 18, 2023 in a Facebook post: All Rights Reserved Poynter Institute 2020, a 501(c)(3) nonprofit organization, A vigilante shot down the Chinese spy balloon in an extraordinary act., "Warren Buffett did not donate to Biden presidential campaign,", "How Bidens Keystone XL pipeline executive order affects American jobs,", "Warren Watch: Behind Buffetts support of Keystone XL pipeline project,", Rifles were involved in 297 deaths in the U.S. in 2022 and constipation killed 2,167.. While analysts over the years have suggested that the Keystone XL pipeline would take business from BNSF, Buffett voiced his support for the project in a CNBC television appearance in 2014. Buffett said the pipeline would be good for Canada and America. Associated Press, "Warren Buffett did not donate to Biden presidential campaign," Jan. 28, 2021, PolitiFact, "How Bidens Keystone XL pipeline executive order affects American jobs," Jan. 21, 2021, Omaha World-Herald, "Warren Watch: Behind Buffetts support of Keystone XL pipeline project," Sept. 14, 2019, Federal Election Commission, Warren Buffett campaign donations, accessed Jan. 29, 2021, Center for Responsive Politics, Warren Buffett campaign donations, accessed Jan. 29, 2021, Center for Responsive Politics, Berkshire Hathaway contributions, accessed Jan. 29, 2021, Interview, Center for Responsive Politics researcher Andrew Mayersohn, Jan. 29, 2021. It is not an environmental issue, it is a money issue. The larger size may help explain why Warren Buffett chose to purchase BNSF over Union Pacific. Mr. This is false, as most of the oil that would have made use of the. Environmental activists and indigenous communities hailed the cancellation, and traders and analysts said U.S.-Canada pipelines will have more than enough capacity to handle increasing volumes of crude out of Canada, the primary foreign supplier of oil to the United States ( here ). Sorry, there are no recent results for popular collections. Warren Buffet [t] would lose billions in transport fees if the pipeline is completed. Improved efficiency is good for consumers and for an economy as a whole, but it can be harmful to less efficient competitors. Not by much, though. In 2019, he gave $248,500 to the Democratic Congressional Campaign Committee, which supports Democratic House candidates, and $5,800 to Democratic Arizona Sen. Mark Kellys campaign. Until then, you can bank on BNSF and Berkshire Hathaway as smart investments that will keep contributing to the economys success. Buffett says that heconsiders buying BNSF anall-in wager on the economic future of the United States.. Buffett previously has voiced public support for the Keystone XL pipeline. Warren Buffet would lose billions in transport fees if the pipeline is completed. While Buffett has been cashing in on the Keystone being delayed, he's moved into a formidable position in Suncor and Phillips 66 (PSX) (who does the refining of the oil at the end of the pipeline). Records from the Federal Election Commission and the nonprofit Center for Responsive Politics show that Buffett, a donor to Barack Obamas and Hillary Clintons presidential campaigns, did not contribute to Bidens 2020 presidential campaign. They deny that canceling the Keystone XL would actually benefit BNSF, saying that the oil intended for Keystone would simply be moved by existing and new pipeline infrastructure, not railways.. There are four approved facilities (none completed) to export natural gas in Canada, and two proposed in Oregon. Warren Buffetts company Berkshire Hathaway purchased 77.4% of BNSF shares for $100 each on November 2, 2009. Berkshire Hathaway has a huge amount of cash that lets it invest in practically any business. The posts say Buffett's railroad "is now transporting all that oil" following the Keystone XL Pipeline's cancellation. Duterte Couldn't Fix Philippines' Food Inflation Problem Can Marcos Do It? District of Columbia Warren Buffet owns the railroad that is now transporting all that oil. Warren Buffet would lose billions in transport fees if the pipeline is completed. Cancelled by Biden on first day. I worked for a couple of Regional Banks, grew up with Merrill and now am at a Regional Firm based out of Louisville. A map of the Keystone XLs route alongside the existing Keystone Pipeline System, operating since 2010, can be seen here . It boils down to this. Correcting Wood Mackenzie team name in paragraph 22. In a world of wild talk and fake news, help us stand up for the facts. tanker cars. All contributions to Bidens campaign by employees of Buffetts company, Berkshire Hathaway, and its subsidiaries totaled $313,510, according to the Center for Responsive Politics. Berkshire Hathaway has an impressively diverse investment portfolio that includes companies in: The company is also a majority and minority shareholder in hundreds of companies. These potential profits stand to benefit from the fact that shipping oil by train doesnt operate under the same price restraints as oil pipelines, which are regulated much like utilities by the federal government. Bosanek told the AP that the 90-year-old billionaire did not make other donations through a political action committee in the 2020 campaign cycle. THE FACTS: On Bidens first day in office. The Keystone pipeline. The Keystone XL pipeline was first proposed more than a decade ago during a period of high oil prices. Written in a breezy, sometimes cheeky tone, its a harbinger of spring, like sighting the first robin of the year. In September of 2012 Burlington Northern owned by Berkshire Hathaway (BRK.A) announced that it would increase its capacity to transport 1 million barrels per day from the Bakken crude. Warren Buffett's company Berkshire Hathaway purchased 77.4% of BNSF shares for $100 each on November 2, 2009. The text above the photo, which misspells Buffetts name, says: "The Keystone pipeline. Records show Buffett contributed no money to Bidens 2020 presidential campaign. A chart shows China and India are leading in per capita carbon dioxide emissions. The news agency also correctly pointed out that Buffett donated to congressional Democrats in 2019, though they declined to say how much. Whatever the answer, the real lesson of the Keystone XL pipeline is that when politicians make decisions instead of entrepreneurs acting within the marketplace, everyone loses. A Facebook post claims the Keystone Pipeline was blocked by Obama to benefit Buffett. Instead of shipping Canadian/North Dakotan oil via a pipeline, its coming south via rail tanker cars. The Keystone veto override vote failed in the Senate. Most of the oil that would have been transported by the now-cancelled Keystone XL Pipeline will likely use existing and new pipeline infrastructure, not railways. Berkshire Hathaway already owned 22.6% of the company, so the . As Reuters admits, Berkshire Hathaway does in fact own one of the largest railroad networks in North America: the Burlington Northern Santa Fe Corp, which runs 32,500 route miles crossing 28 states and several Canadian provinces. So why then are we not concentrating on building pipeline infrastructure from the Bakken region to the Gulf or even the west coast? Warren Buffet would lose billions in transport fees if the pipeline is completed. Warren Buffet donated 58 million to Biden campaign. CLAIM: Warren Buffett donated $58 million to President Joe Bidens campaign, so Biden canceled the Keystone XL pipeline as a favor to Buffett. This article was produced by the Reuters Fact Check team. It is not an environmental issue, it is a money issue. Business Insider ( here ) also reported on Buffett not donating to Biden during this election after having donated to Hillary Clinton and Barack Obama in past elections. So far, Warren Buffett and Berkshire Hathaway have not chosen to purchase Union Pacific. Biden cancellation of Keystone XL pipeline was not a favor to Warren Buffet. Why are we importing the oil from Canada to be refined here? The purchase had a value of about $44 billion, making it the largest acquisition in Warren Buffetts career. Just ask someone who was driving a car in the 1970s. Now I have no problem with a capitalist taking advantage of a situation (in this case, a stalled pipeline project) to make a profit. The 1,700-mile pipeline was planned to carry roughly 800,000 barrels of oil a day from Alberta to the Texas Gulf Coast. Common sense also tells us that it would be cheaper to pump the oil through a pipeline instead of loading it into thousands of rail tanker cars, one-by-one, with a diesel-burning locomotive at the front of the line. Reuters reported in 2013 - when the Keystone XL was being debated - that some industry officials, energy analysts and recent data raised questions about whether the industry really is eager to adopt crude-by-rail, primarily pointing to the economic cost of using rail over pipelines ( here ). here ). In short, rail infrastructures cannot compete with existing pipelines to transport oil at the rate the United States does. PolitiFact, "Facebook Posts: Says Joe Biden canceled the Keystone pipeline because Warren Buffett donated $58 million to his campaign," Jan. 27, 2021, Reuters, "Fact Check: Buffett did not donate to Biden; oil that would have been transported through the Keystone XL Pipeline will use existing infrastructure, not Buffett-owned railroad," Feb. 2, 2021, Associated Press, "Keystone XL pipeline halted as Biden revokes permit," Jan. 20, 2021, Associated Press, "Warren Buffett did not donate to Biden presidential campaign," Jan. 28, 2021, FactCheck.org, "Buffett Didnt Donate to Biden or Cause Pipeline to be Cancelled," Feb. 5, 2021, Ballotpedia, "Keystone XL Pipeline political timeline," last accessed Nov. 10, 2021, The New York Times, "Citing Climate Change, Obama Rejects Construction of Keystone XL Oil Pipeline," Nov. 6, 2015, CNBC, "Id vote yes on Keystone pipeline: Warren Buffett," March 3, 2014, NPR, "Developer Abandons Keystone XL Pipeline Project, Ending Decade-Long Battle," June 9, 2021, NPR, "President Obama Rejects Keystone XL Pipeline Plan," Nov. 6, 2015, Forbes, "The Competitors Who Stand To Win From Denial Of Keystone XL," Nov. 10, 2015, Omaha World-Herald, "Warren Watch: Behind Buffetts support of Keystone XL pipeline project," Nov. 27, 2017, Federal Elections Commission, Individual contributions for Warren Buffett to Barack Obama, last accessed Nov. 12, 2021. Through a holding. Picture North Dakota as the awkward blonde girl that lives across the street. That's right, most of our LNG exports have gone around the Cape of Good Hope to get to destinations in Asia because the canal couldn't handle the length and width of the LNG shipping boats. As a bit of history, Buffett purchased BNSF in a $44 billion deal in 2009. It seemed he was up to something. (Read more about our partnership with Facebook.). But this years letter is a bit different -- still breezy and cheeky -- but omits a crucial fact, one thats related to the Keystone Pipeline controversy. We will, at the gas pump. Unfortunately, from here Reuters fact check goes off the rails. While Washington has been fighting over the exchange student for four years, our grownup knockout neighbor has just graduated first in her class from Harvard Medical School. Buffett made a $34 billion dollar investment in the Burlington Northern Santa Fe railroad (BNSF) one year after Obama was elected. Some estimates put Union Pacifics overall value at more than $105 billion. The author is not receiving compensation for it. Warren Buffett's Burlington Northern Santa Fe LLC is among U.S. and Canadian railroads that stand to benefit from the Obama administration's decision to reject TransCanada Corp.'s Keystone . A Facebook post that has been shared more than 60,000 times suggests Biden halted the pipeline not for environmental reasons, but as a favor to billionaire investor, Warren Buffett. (If youre wondering, three checks alone in 2019 to Democratic Congressional Campaign Committee totaled more than $460,000. We dont find evidence that the decision was intended to benefit Buffett. 20006, Florida You may also associate Buffett with his acquisition of around 18 million shares of Suncor Energy (NYSE: SU) in August 2013. The argument has been going on roughly for four years now and while the right and left gush rhetoric like an oil derrick, something quite fascinating has been happening right under our noses. Warren Buffet would lose billions in transport fees if the pipeline is completed. NEW YORK (MarketWatch) Berkshire Hathaway Inc. said Tuesday it agreed to buy railroad operator Burlington Northern Santa Fe Corp. in a $44 billion deal that Chairman Warren Buffett called "an all-in wager" on the U.S. economy. Published: Nov. 3, 2009 at 4:18 p.m. He files all filing requirements for political contributions and made no contribution to any PAC.. Operators prefer to use pipelines and use rail only as a backup., In short, Reuters says, rail infrastructures cannot compete with existing pipelines and cancellation does not appear to mean a lucrative jump in business for crude-by-rail that might benefit Berkshire Hathaways BNSF railway.. Stocks, Oil, Sell Off, On Recession Fears, A Closer Look At The State Of Global Economy As We Head Into 2023. Federal Election Commission records show that Buffett made no individual contributions in 2020. Berkshire Hathaway has a huge amount of cash that lets it invest in practically any business. Financhill just revealed its top stock for investors right now so there's no better time to claim your slice of the pie. Read more about our work to fact-check social media posts here . There's a great article about it on Seeking Alpha. With more efficient railways, companies that need to distribute products all over the country can improve their profits. Picture Canada as that older exchange student that dates the high school quarterback. Warren Buffet owns the railroad that is now transporting all that oil. Its been observed that in modern America there are two primary types of entrepreneurs: market entrepreneurs and political entrepreneurs. To prevent losses, some entrepreneurs may actually seek to use government to prevent efficiency, thus protecting their market share. Oh yeah. These vehicle margins peaked in the first half of 2022 and declined in the second half. Months later, a curious social media post suggested the demise of the planned pipeline was the work of former President Barack Obama and was done as a favor to billionaire investor Warren Buffett. It just means the Retuers fact check is as biased and dubious as the meme it attempted to correct. Then again, he could have preferred BNSF because of its lower purchase price. He files all filing requirements for political contributions and made no contribution to any PAC.. While the production of oil has been ramped up, the infrastructure of harvesting the natural gas is not a priority. Trains still offer a fast, low-cost way to move materials. Ugur Sahin, CEO of BioNTech and inventor of the BIO N TECH Pfizer jab, refuses to take the jab for safety reasons.. The Keystone XL pipeline, first proposed more than a decade ago during a period of high oil prices, was to have carried up to 830,000 barrels per day of crude oil from Alberta, Canada, to. When President Donald Trump took office, his administration backed the project in the face of objections from environmental groups and attempted to revive the pipeline, but ultimately made little progress. The oil is still flowing but now it's being brought to America on RAIL CARS.. along with dangerous chemicals Guess who owns the Rail Cars.. Ultra Left Extremist Warren Buffett . for natural gas have exacerbated this problem. THE FACTS: Buffett, chairman and CEO of Berkshire Hathaway, did not donate to Bidens presidential campaign, nor did he endorse him. In 2011 North Dakota was producing 417,400 barrels of oil per day. You have permission to edit this article. We don't find evidence that the decision was intended to benefit Buffett. When it comes to length, though, BNSF manages to beat Union Pacific. For starters, it doesnt even spell Buffetts name correctly. When Financhill publishes its #1 stock, listen up. This brings me to natural gas. A Buffett spokeswoman has said that Buffett voted for Biden and that he does not have a position on how the pipeline might have affected BNSF Railway, a freight railroad network owned by Berkshire Hathaway that transports crude oil. (As the video below shows, suppliers are willing to pay higher short term costs for greater shipping flexibility. BNSFs length comes to about 32,500 miles. Buffett has never seen any report by BNSF projecting whether the Keystone Pipeline would increase or decrease the revenue of the railroad, Bosanek wrote. Get up-to-the-minute news sent straight to your device. The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. But the posts main thesis, that the Berkshire Hathaway CEO was a major donor to Bidens campaign, is not true. Rail executives themselves have said they expect to see crude-by-rail shipments increase because of Bidens executive order. Canceled the Keystone pipeline was not a priority more about our work to fact-check social media here... Jab for safety reasons pipelines to transport oil at the rate the States. Has a huge amount of cash that lets it invest in practically any business a period of oil. For a couple of Regional Banks, grew up with Merrill and am... Alongside the existing Keystone pipeline was planned to carry roughly 800,000 barrels oil. Beat Union Pacific Better time to claim your slice of the claim that Buffett donated $ 58 million Bidens... Entrepreneurs and political entrepreneurs recalling an alien encounter it is a money issue to help the country thrive TECH... Who was driving a car in the 2020 campaign cycle $ 137 in... 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