-Bullish on natural gas.
-Thinks current deficits and debt levels of U.S. are unsustainable and may pose a great problem.
-He signed the letter sent by 80 CEOs to congress to resolve the fiscal cliff situation.
-The American consumer has improved its balance sheet in the last four years and government should think about how it has to get its fiscal house in order.
-The natural gas boom is in progress. Consumption of natural gas is way up versus the decline in oil consumption.
-A British thermal unit (BTU) of natural gas costs much less than a BTU of oil, so there is a major shift in consumption patterns of energy.
-U.S. will become a big exporter of natural gas.
-Natural gas will be a real job creator only if government can correct its policies.
Credit: www.cnbc.com, CNBC
Here is the video:
Also check out:
- James Tisch Undervalued Stocks
- James Tisch Top Growth Companies
- James Tisch High Yield stocks, and
- Stocks that James Tisch keeps buying