Rain on "gas and oil" parade

Talking about shale gas, Welch said:
We have a chance in this country to make this the American century. This gas thing is huge. The gas and oil that we have found is in the first inning. It’s like the internet in 1990. We’re in the first inning of a great American century. Unless we get whacked [by regulation].

Read more: http://www.businessinsider.com/live-jack-welch-on-cnbc-2012-11#ixzz2BM0YuXvq

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