Well-known investor and businessman from the Tisch family, Jim Tisch, was on Bloomberg to discuss natural gas' future and thinks U.S. natural gas exports will boom going forward.
-- Exporting natural gas is a great idea for U.S. as gas is in abundant supply (seemingly unlimited supply).
-- Exporting natural gas will increase employment and jobs significantly.
-- Exporting gas will also not increase the price and the price curve is flat given the high supply.
Credit and source: www.bloomberg.com, Bloomberg
Here is the video:
About the author:
Dheeraj GroverI am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne