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    Date
    Summary
    Natural Gas Constraints Could Cause More ‘Pain at the Pump’ This Winter: Expert
    Source
    Fox Business Network

    Name: Fox Business Network

    URL: http://www.foxbusiness.com/index.html

    Show
    Cavuto: Coast to Coast (FOX)

    Name: Cavuto: Coast to Coast (FOX)

    URL: https://www.foxbusiness.com/shows/cavuto-coast-to-coast

    Persons
    Neil Cavuto

    Name: Neil Cavuto

    Employment: Fox Business Network

    Position: Host; Anchor

    , Nick Loris

    Name: Nick Loris

    Employment: C3 Solutions

    Position: Executive Vice President of Policy

    Event
    Event location
    Link
    Not online media
    Uploaded
    08/24/2022 11:10 am
    Owner
    Type
    Video
    Format
    MP4 (1280x720) Use clipper to adjust file type
    Duration
    0:03:00
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    Transcript
    >> Allneil neil all right ░░░░░░░░ friend Grady Trimble following ░░░░░░░░ solutions Your firm is ░░░░░░░░ expert in all things ░░░░░░░░ and there s a ░░░░░░░░ here and doesn t ░░░░░░░░ to get some stability ░░░░░░░░ the pump and that ░░░░░░░░ be short lived if ░░░░░░░░ is right We ll ░░░░░░░░ walloped when it comes ░░░░░░░░ the other gas natural ░░░░░░░░ and some of the ░░░░░░░░ bills that could rocket ░░░░░░░░ a result What do ░░░░░░░░ see happening Yeah the ░░░░░░░░ for high prices is ░░░░░░░░ prices and that s ░░░░░░░░ some demand destruction you ░░░░░░░░ seen people traveling less ░░░░░░░░ the past few months ░░░░░░░░ we re heading into ░░░░░░░░ holiday weekend where 137 ░░░░░░░░ Americans are going to ░░░░░░░░ That s about the ░░░░░░░░ as it was last ░░░░░░░░ when gas prices were ░░░░░░░░ cents lower than they ░░░░░░░░ today Then we have ░░░░░░░░ know your electricity bills ░░░░░░░░ increasing you have some ░░░░░░░░ constraints for natural gas ░░░░░░░░ oil This is all ░░░░░░░░ to result in potentially ░░░░░░░░ only more pain at ░░░░░░░░ pump but also more ░░░░░░░░ for natural gas prices ░░░░░░░░ home heating oil as ░░░░░░░░ head into the winter ░░░░░░░░ we re shutting off ░░░░░░░░ air conditioning and turning ░░░░░░░░ our heat and that ░░░░░░░░ only put more upward ░░░░░░░░ on prices Neil do ░░░░░░░░ notice or is there ░░░░░░░░ densethere precedenc in the ░░░░░░░░ here and when the ░░░░░░░░ cut off whatever available ░░░░░░░░ supplies were left and ░░░░░░░░ up the price in ░░░░░░░░ gas prices there Is ░░░░░░░░ history to suggest that ░░░░░░░░ happens there hits us ░░░░░░░░ here or two different ░░░░░░░░ s A little bit ░░░░░░░░ re in a bit ░░░░░░░░ a different crunch as ░░░░░░░░ ve been so overreliant ░░░░░░░░ Russian natural gas that ░░░░░░░░ Russia cuts off that ░░░░░░░░ they have been left ░░░░░░░░ try to restrain energy ░░░░░░░░ closing businesses forcing some ░░░░░░░░ of rationing and they ░░░░░░░░ some bad policy decisions ░░░░░░░░ shutting off nuclear plants ░░░░░░░░ Germany so there s ░░░░░░░░ bit of apples and ░░░░░░░░ but it s also ░░░░░░░░ for what the U ░░░░░░░░ policymakers should be doing ░░░░░░░░ if we restrict investment ░░░░░░░░ new energy source whether ░░░░░░░░ s for conventional oil ░░░░░░░░ renewables for nuclear we ░░░░░░░░ be put in that ░░░░░░░░ position where energy security ░░░░░░░░ at a premium and ░░░░░░░░ affordability is really going ░░░░░░░░ be on the forefront ░░░░░░░░ American s minds for ░░░░░░░░ to come Neil all ░░░░░░░░ we ll keep an ░░░░░░░░ on it Nick thank ░░░░░░░░ very much very much ░░░░░░░░ that and put this ░░░░░░░░ perspective now for the ░░░░░░░░ with dow down about ░░░░░░░░ points and all sectors ░░░░░░░░ amp p 50 505 ░░░░░░░░ are part of the ░░░░░░░░ and cathy wood flap ░░░░░░░░ and ark invasion are ░░░░░░░░ on the stocks She ░░░░░░░░ buying more of these ░░░░░░░░ as if to spite ░░░░░░░░ trend that she says ░░░░░░░░ t last.
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