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4min chapter
The Rise of "Legal Fraud" | Bethany McLean
Forward Guidance
Natural Gas Is a Global Market
Oil is fungible. It can go anywhere, and natural gas isn't. Oil fracking has not made money on a cashlo basis. The us. Has a plethra of low priced natural gas. Natural gas tut the the surplus of natural gas available after the fracking revolution created the price and made it very difficult for natural gas companies to make money. But it doesn't take a much higher price for natural gas fracking to be economically valuable. Theyre they're two different things. And given the humanitarian crisis that's coming in europe, even though this isn't an economic argument at the humanitarian crisis wis the lack of natural gas coming from russia.
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