Monday, October 15, 2012

Warren Buffett Goes Nuclear (BRK.B)

Just a headline so far.
From Energy Daily:
PacifiCorp considering new nuclear plant, maybe in Wyoming

For folks not familiar with the family tree, Pacificorp is a wholly owned subsidiary of MidAmerican Energy which is itself a 90-something percent owned sub of Berkshire Hathaway.

More to come.

Adding together MidAm's largest-utility-owned wind portfolio and their 3rd or 4th largest natural gas pipeline, Burlington Northern's largest-in-the-country coal hauler and 89 mil Bbl/yr. Bakken oil transport and the portfolio investments in National-Oilwell Varco.and Phillips 66 and you pretty much have as diversified an energy company as any in the country.