Tellurian Founder Says U.S. Needs $150B in Gas Infrastructure

Charif Souki

In December 2015, evil corporate raider Carl Icahn (invests in companies so he can fire a bunch of people, boost the stock and pocket the profit) fired Cheniere Energy CEO Charif Souki (see Evil Corporate Raider Carl Icahn Claims Another CEO Scalp). Souki didn’t let it slow him down. He started a new LNG export company, Tellurian, to compete with his old company (see Revenge: Fired Cheniere CEO Starts Competing LNG Company). We kind of had (past tense) a soft spot for Souki, getting tossed from the company he started. But then we read comments he made about Donald Trump in the run-up to the 2016 election. Souki thought (like many) that Trump had no chance of winning, but if he did, Souki said he would “reconsider my nationality.” Souki was born in Egypt but is an American citizen now. After Trump’s victory, Souki forgot about his threat to leave the country and change his citizenship. We didn’t. We’re still waiting. Souki turned up on CNBC again yesterday, this time with faint praise for Trump (but also words of praise for the abysmal failure Obama). Souki had a chat with Jimmy Cramer, telling Cramer the U.S. urgently needs $150 billion worth of infrastructure investment (i.e. pipelines) in order to get our prodigious amounts of natural gas from inland places where’s extracted to the shoreline–so it can be exported…

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