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Author: SSAFTY One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 212388  
Subject: Re: Getting inside buffetts head, Date: 11/5/2012 7:02 PM
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>>I suspect his comments on energy resource utilization are spot on.

"Natural Gas Could Be Bigger Than the Internet, Welch Says"

I agree with you. I would go one step more and say Natural Gas should already be way more important than it is. The "internet" may be hyperbole but would be good if it happens. Questions abound on why the inventories are so high and the price so low at this time but it sure looks like a good alternative to me.

My point is that Welch was offering an opinion. The cynic in me says he may have some economic interest in natural gas, or felt that it supported some of his political preferences. It was a sound bite with little support. Maybe his opinion will prove correct in the future and maybe it won't. It won't make any difference on CNBC because they don't keep score. I feel you get more bad information than good there but that is not a scientific observation. Just my gut observation. I would love to know which of their pundits say something that has positive value, but I don't think we ever will see that. I fired the show so I know I won't see it unless somebody posts it here.

Seeing Welch these days is very sad. Like seeing Joe Louis or Willie Mays as the greeter at a casino. He is in the hall of fame but is now just another Donald Trump making a fool of himself.
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