The easiest money I ever made was investing in natural gas infrastructure during the COVID insanity of everyone calling it dead due to renewables.

I really don’t understand the disconnect otherwise very intelligent people have on this subject. Every single person I’ve talked to in the actual industry seems to be aware of this fact and how dire things are getting. However it seems that everyone else believes that grid scale batteries are somehow going to save the day in the next decade or two.

Energy storage is energy storage. Natural gas is just a giant underground battery.

And that’s before you get to industrial uses of natural gas as a feedstock, while ignoring how much is still used for heating infrastructure and how long it would take to retrofit everything to heat pumps.

I often wonder what I’m missing, but I’m confident enough in this one to have put my money where my mouth is at least.