Spew Flame and Pinecone Strike kill creatures while Plunder the Trollshaws draws you three cards over two casts, the second with .
Burn and Draw (blue-red) is a middling deck and a rare one. It won 55.2% over 4,886 games, against 57.6% over 85,459 games for Goblin Army, the most-played deck, and 56.4% over 58,594 games for Draw Two, the main blue deck. Only cards drawn in enough of its games get a win rate here at all, and even the most-played spell, Plunder the Trollshaws, has only 2,507 games in this deck behind it.
This deck is rare because The Hobbit gives five decks a and a dual land (Draw Two, Goblin Army, Dwarves & Equipment, Ferocious Wolves, Elf Landfall), and blue and red get neither. Nothing in the set is built for it, so the deck is good blue cards plus good red cards. Blue's synergy cards pull toward Draw Two and red's toward Goblin Army and Dwarves & Equipment.
End up here anyway when red keeps coming (Pinecone Strike, Burn, Burn, Tree and Fern, Gandalf, Spark Starter) and blue's good cards come late, while black dries up. In that draft this is a solid deck, because its red removal is the same removal Goblin Army wins with.