Wilbur Ross, chairman and founder of WL Ross & Co., talks to Aaron Task of Yahoo Ticker and discusses his views on the future of natural gas and long term bonds.
He said, "We were a little early in that but will continue to be doing more in shale gas". He said "Natural gas doesn't give cancer, it's a very useful product, very cheap per Btu — much less than oil, and is less pollutive than oil or coal."
He thinks that there may be slight downside to natural gas but the worst part is over.
Here is the video:
He said, "We were a little early in that but will continue to be doing more in shale gas". He said "Natural gas doesn't give cancer, it's a very useful product, very cheap per Btu — much less than oil, and is less pollutive than oil or coal."
He thinks that there may be slight downside to natural gas but the worst part is over.
Here is the video:
