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Wilbur Ross is targettng XCO, a natural gas producer. Any thoughts on this? Natural gas has so far been fool's gold, but I wonder if it may turn into real gold in the distant future? 
http://energyandenvironmentblog.dall...as-prices.html
http://energyandenvironmentblog.dall...as-prices.html
Wilbur Ross: Natural gas prices to rise in a few years
By
Elizabeth Souder/Reporter
esouder@dallasnews.com | Bio
4:23 PM on Sun., Dec. 12, 2010 | Permalink
Billionaire turnaround financier Wilbur Ross believes natural gas prices will rise in a few years.
That's why he bought a 7.5 percent stake in Dallas natural gas producer Exco Resources.
"We believe that natural gas has an important role in helping the U.S. to become energy self-sufficient," Ross said in an email during the weekend. "We also believe that within a few years the current glut of gas will be cured by increased domestic demand and by exports of LNG," or liquified natural gas.
By
Elizabeth Souder/Reporter
esouder@dallasnews.com | Bio
4:23 PM on Sun., Dec. 12, 2010 | Permalink
Billionaire turnaround financier Wilbur Ross believes natural gas prices will rise in a few years.
That's why he bought a 7.5 percent stake in Dallas natural gas producer Exco Resources.
"We believe that natural gas has an important role in helping the U.S. to become energy self-sufficient," Ross said in an email during the weekend. "We also believe that within a few years the current glut of gas will be cured by increased domestic demand and by exports of LNG," or liquified natural gas.