Warren Buffett Buys Over $500 Million of Suncor Tar Sands Stock, Latest in “Dirty Deeds Done Dirt Cheap”
Warren Buffett – the fourth richest man on the planet  and major campaign contributor to President Barack Obama in 2008  and 2012  – may soon get a whole lot richer.
That’s because he just bought over half a billion bucks worth of Suncor Energy stock : $524 million in the second quarter of 2013, to be precise, according to Securities and Exchange Commission filings. Suncor is a major producer  and marketer of tar sands via its wholly owned subsidary Petro-Canada  (formerly Sunoco ) and this latest development follows a trend of Buffett enriching himself through dirty investments and deal-making.
So far in 2013, Suncor (formerly Sun Oil Company ) has produced 328,000 barrels per day of tar sands crude.