Replies to post #295 on Berkshire Hathaway Inc (BRK.A)

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That's a huge story, Tim. I and most everyone else thought Buffett had given up on oil.

"Berkshire’s made a clear statement about how they view the oil business,” said Cliff Gallant, an analyst at Nomura Holdings Inc. “They seem to be taking the long view that demand for fuel is going to come back.”