In his first Executive Decision segment of "Mad Money" last Friday, Jim Cramer spoke with Charif Souki, executive chairman of liquefied natural gas (LNG) company Tellurian Inc. (TELL) to learn more about what's next for the company.
Souki painted a bleak picture for the natural gas industry. He said U.S. production has fallen from 95 billion cubic feet per day down to just 88 billion cubic feet, and as demand rises it may take up to two years to boost production back up to meet that demand.
The U.S, now accounts for 20% of the global natural gas market, Souki said, and natural gas is now priced on a global market. The U.S. has plenty of gas reserves in the Marcellus and other regions, he said, but the infrastructure may never be there to move it in any sizable way.