Recently he bought Dominion which is an energy distribution company on the East Coast. This is after Dominion failed to get a major pipeline done. But what he did was buy at a discount and now he controls a major chunk of energy distribution in an environment where it is difficult to build new capacity. Add to his significant ownership other other oil and gas assets and railroads to move oil that pipelines can't or won't and it seems he has created another moat.
What do you think?
They constantly try to escape from the darkness outside and within
Dreaming of systems so perfect that no one will need to be good T.S. Eliot
What do you think?
They constantly try to escape from the darkness outside and within
Dreaming of systems so perfect that no one will need to be good T.S. Eliot