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natural gas industry

2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Nov 29, 2022 by David Rosenthal · across every show →

Everything said about natural gas industry, oldest first

Nov 29, 2022
Assertion Partly supported
Rosenthal: Energy trading and financialization did not exist before Ken Lay and Transco
“So before Transco and Lay, the whole idea of like any form of trading or financialization of energy, of oil and gas, didn't really exist because it was all regulated by the government before then.”
David Rosenthal Nov 29, 2022 ▶ 19:28 Enron · Acquired
Nov 29, 2022
Assertion Supported
Rosenthal: Natural gas was first sector deregulated under 1978 National Energy Act
“So in 1978, Jimmy Carter signs the National Energy Act, which starts to open back up parts of the energy economy in the U.S. To free market. Competition. And the first big area of the energy industry that deregulates is the natural gas industry.”
David Rosenthal Nov 29, 2022 ▶ 13:15 Enron · Acquired
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