KETR

Warren Buffett, Bullish On Texas

Jul 14, 2017

Credit Texas A&M Energy Institute

Texas A&M-Commerce economics professor and the interim dean of the College of Business, Dr. Dale Funderburk, discusses legendary investor Warren Buffett's decision to buy the Texas energy company Oncor, and Buffet's other major investments in Texas. "When we invest in Texas, we invest big," Buffett said.  Also, we discuss the booming oil-export market in Texas, now that U.S. oil exports are again permitted.  Daily oil exports at the port of Corpus Christi is have increased from 68,000 per day in early 2016 to about 384,000 a day in April of this year.