PG&E’s Chief Executive Officer Bill Johnson responded Tuesday night to Governor Gavin Newsom’s desire for a takeover bid from Warren Buffett’s Berkshire Hathaway Inc.

“He has a good eye for finding an opportunity, and if he sees one here, I’m sure he’ll take it. That’s all I know,” Johnson said at a press conference. “I’d love to meet the man.”

Creditors led by Pacific Investment Management Co. and Elliott Management Corp. are seeking to take control of the bankrupt utility, while Berkshire has only been raised a possible suitor. Berkshire Hathaway Energy didn’t immediately respond to an emailed request for comment sent outside business hours.

PG&E’s mass blackout earlier this month that left about 700,000 homes and businesses without power cost California’s economy an estimated $400 million to $600 million, according to Moody’s Investors Service.

While losses will grow if outages persist, they still pale in comparison to potential costs of wildfires that the blackouts are intended to prevent, Moody’s analysts said in a report. For instance, the current fires burning could cause $25.4 billion in property damage, according to an estimate by Chuck Watson, a disaster modeler at Enki Research.

Meanwhile, Californians facing forced blackouts and wildfires are set to get hit with higher gasoline prices as well.

Even though the mass power shutoffs and wildfires haven’t directly affected California refineries, unrelated breakdowns are slowing fuel production and pushing prices higher anyway, especially in the southern part of the state. Wholesale prices in Los Angeles have jumped 26.5 cents a gallon versus benchmark futures in the past two days.