Dominion Energy, Warren Buffett’s Berkshire Hathway Energy terminate Questar Pipeline sale

Former White House International Economics Adviser Clete Willems breaks down the damage the company has endured – maintaining, regardless of the lawsuit’s outcome, that it will not be able to restore the pipeline.

Dominion Energy and Warren Buffett’s Berkshire Hathaway Energy have agreed to terminate a planned sale of Questar Pipelines.

Ticker Security Last Change Change %BRK.A BERKSHIRE HATHAWAY, INC. 420,937.00 -1,063.00 -0.25%D DOMINION ENERGY, INC. 75.55 0.00 0.00%

Dominion cited “ongoing uncertainty associated with achieving clearance from the Federal Trade Commission under the Hart-Scott-Rodino Antitrust Improvements Act of 1976” as the reason for the termination.  

Representatives for the FTC and Berkshire Hathaway Energy declined to comment further.

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