Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2016-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Oil Crisis in the U.S.

Mr. Buffett: We thought we had something that made a lot of sense for both the area and for the transportation system of the country. A court came out with a decision that was negative on it and whether that kills the chance to do that or we look someplace else, you know, we'll have to look at the situation. Marcus Douglas: Where I'm from, there are a lot of people losing their jobs, mostly due to the sharp decline of crude oil prices. Do either of you believe the major fluctuations in the supply of crude oil influence the future monetary policy decisions? Sorry.

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