http://www.aspousa.org/index.php/2009/09/aubrey-mcclendon-chesapeake-ceo/ Truth in Energy Thu, 09 Feb 2012 01:16:20 +0000 http://wordpress.org/?v=2.6.2 http://www.aspousa.org/index.php/2009/09/aubrey-mcclendon-chesapeake-ceo/#comment-3264 Bill Simpson of Slidell LA. Sun, 04 Oct 2009 03:42:05 +0000 http://www.aspousa.org/?p=2578#comment-3264 Every time I read anything about the price of natural gas, I can't help but remember Alan Greenspan saying, about 5 years ago at some Congressional hearing as I recall, how those who invested in LNG facilities to bring imported gas into the US, were going to reap above average return on their investment. Were potential investors lucky that building permits for LNG sites were hard to get or what! I guess keeping the Fed interest rate at 1% , and thereby helping to facilitate the housing bubble that may yet collapse the world's financial system, wasn't his only mistake. Maby his team of PhDs didn't tell him about shale gas, or the extent of the housing fraud that was going on. Greenspan and Tony Blair should get together and form, 'The Club of Perfect Retirement Timers'. Every time I read anything about the price of natural gas, I can’t help but remember Alan Greenspan saying, about 5 years ago at some Congressional hearing as I recall, how those who invested in LNG facilities to bring imported gas into the US, were going to reap above average return on their investment. Were potential investors lucky that building permits for LNG sites were hard to get or what!
I guess keeping the Fed interest rate at 1% , and thereby helping to facilitate the housing bubble that may yet collapse the world’s financial system, wasn’t his only mistake. Maby his team of PhDs didn’t tell him about shale gas, or the extent of the housing fraud that was going on. Greenspan and Tony Blair should get together and form, ‘The Club of Perfect Retirement Timers’.

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