Rick Rule Predicts Natural Gas Demand Resurgence

Sprott US Holdings Chairman Rick Rule tells INN Senior Editor Andrew Topf that the sudden availability of natural gas, derived mostly through hydraulic fracturing, has increased its utility to consumers. “What you’re going to see in North America is a natural gas revolution,” said Rule, “as a consequence both of price, but more importantly availability.”

“The demand resurgence you’re going to see for natural gas is right now truly spectacular.” In the video below, Rule also gives his view on the peak oil theory, which he calls “an economic concept.”