Warren Buffett Extends Bet on Energy Transport

Warren Buffett Extends Bet on Energy Transport Play

Dec. 31 (Bloomberg) -- Berkshire Hathaway will swap about $1.4 billion in shares of Phillips 66 for full ownership of the energy firm’s pipeline-services business as billionaire Warren Buffett expands his bet on oil transportation. Deirdre Bolton reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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