04
Jul
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Solid week last week with the ZLT up a bit over 7%.
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The Blotter is updated.
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Questions and comments under The Wrap will be addressed in the Monday post.
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Questions about the site can be directed to zman@zmansenergybrain.com
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Atlantic Coast Pipeline canned. See Monday’s post for comments.
July 5th, 2020 at 4:02 pmBerkshire buys Dominion Resource Inc gas transmission and storage business. I’m guessing Buffet wants the constant revenue stream.
July 5th, 2020 at 7:06 pmDominion Energy not Dominion Resources
July 5th, 2020 at 7:11 pmre 2 – yep and then they canned Atlantic Coast.
July 5th, 2020 at 7:13 pmNutshell –
Interesting. So buffet and Jerry see value in NG.
NG hated by many as “not clean”. I guess they are big enough to get away with it and not be shamed
July 5th, 2020 at 7:47 pmre 6 – Buffet is shutting down an $8 B pipeline that was super hated. He keeps storage and pipes they already have and gets a yield.
July 5th, 2020 at 8:26 pmre 7 – so it’s a win win for him.
July 5th, 2020 at 8:37 pmYep. Virtue signaling and he getting paid to do it
Along for the ride with him.
July 5th, 2020 at 11:38 pmAnd less competition for ET EDP KMI
July 5th, 2020 at 11:39 pmTypo obv
July 5th, 2020 at 11:39 pm