Will Buffett’s $10 Billion Bet On Natural Gas Go Bust?

On the day on which Dominion Energy and Duke Energy canceled the Atlantic Coast natural gas pipeline, Dominion Energy said it would be selling substantially all of its gas transmission and storage assets to an affiliate of Berkshire Hathaway.  For Dominion Energy, the nearly US$10-billion deal, including debt assumption, is part of the company’s push to zero-carbon electric generation by 2050.     For Warren Buffett’s conglomerate Berkshire Hathaway, it was the first major acquisition since the start of the…