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Wilbur Ross Tells Fox Business Network That the 'Exploitation of Shale Gas' Is the Best Way to Overcome the Recent Negative GDP Numbers

January 31, 2013 | About:
Holly LaFon

Holly LaFon

Billionaire investor Wilbur Ross spoke with FOX Business Network (FBN) about economic growth opportunities for the United States through the production of shale gas. Ross stated that “the best way to overcome the negative gross domestic product” would be “to encourage the exploitation of shale gas both for domestic and for international purposes.” In addition, Ross discussed the investment losses of the Trouble Asset Relief Program (TARP), saying “it was never set up to be on a commercially normal basis” and “was fated not to be structured in a way that you could make a profit.” Excerpts from the interview are below:

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