MacroVoices #334 Adam Rozencwajg: Understanding the Global Energy Crisis
Macro Voices
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Gas Prices - The Most Expensive Mole of Energy in Human History
Natural gas is the cheapest molecule of energy in human history. It requires a lot of special equipment, very large equipment, large capital expenditures. And so that l and g was always a bottle neck in and it created these pockets, oth these islands of natural gas where the market would be totally dislocated. The marcellus one of the most important hydrocarbon basin discoveries in the last 50, 60 years.
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