Democrats praise Buffett’s purchase of Dominion Energy assets
CHARLESTON — Seeing the sun beyond the gray sky, Democratic members of the West Virginia Senate wrote a letter Monday to Warren Buffett after his company purchased the pipeline assets of Dominion Energy.
Buffett, chairman of Berkshire Hathaway and considered to be one of the most successful investors in the world, announced July 5 his company was purchasing the pipeline and transmission assets of Dominion Energy. The news came the same day that Dominion and Duke Energy announced the cancellation of the Atlantic Coast Pipeline project.
In a letter sent Monday to Buffett, 10 out of the 14 Democratic state senators they praised Buffet for investing in Dominion.
“You may not have realized it, but you brightened the faces of West Virginians everywhere with your recent purchase of pipeline assets from…Dominion Energy,” the senators wrote. “But when we learned of your acquisition, it gave us hope. When one of the greatest investors of all time makes a bet on your home state, you can’t help but feel a sense of optimism.”
Sen. William Ihlenfeld II, D-Ohio, was among the signers of the Buffett letter. He said his fellow signatories all want to work with Buffett and Berkshire Hathaway to grow natural gas production jobs while also protecting landowners and the environment.