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Tuesday, July 11, 2023

Dialing For Dollars: Buffett, Biden, Manchin, Dominion, Cove Point, Et Al -- July 11, 2023

Locator: 45077LNG.

This story deserves a bit more "ink."

Earlier:



In reply to a reader I wrote:

Long storied history between Buffett and Dominion ... it's a great story. It shows the tenaciousness of Warren Buffett. When he wants something, he takes the long view.

This was a deal long in the making.

To what extent Manchin -- FERC -- Biden -- Buffett got together on this one, no one will ever know but we do know that Buffett is a Democrat, and one assumes he backs the party financially. But I wouldn't know.  And I don't care.

I just think it's another great American story, and obviously a win for Buffett, Biden and Manchin. I'm not sure this deal would have gone through with Trump in office. But that's just me. 

But this story is a lot, lot, lot older than this. This easily goes back ten years, an update, here from 2018. This must be driving Amy Mall nuts. LOL.

Go through that very, very long blog. Absolutely amazing. A great blog. And my hunch: Warren Buffett has been watching closely for ten years.

And just a few weeks ago, over at RBN Energy:

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