Why Warren Buffet Is Betting Big On Oil & Gas Pipeline Companies
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It’s been a tough year for energy pipelines that carry oil and gas from source points to distribution and export terminals. In recent weeks, along with a general rally in energy-related stocks, the worst seems to have passed for the key pipeline companies upon which we rely for energy distribution in this country. Energy Transfer, (NYSE: ET), and Enbridge, NYSE: ENB) - two of the biggest pipeline operators - have seen 25% gains in the last 6-weeks. In recent times, with the travails that have beset the pipeline business, I’ve been wondering…
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