Real Assets
Despite the prognostications of many, the outlook for Tellurian (NYSE:TELL) and its prospective Driftwood LNG project was not all that great even during the summer of last year. Despite still low interest rates, rabid interest in liquefied natural gas, and a great outlook for profitability from its internally owned natural gas production, management was unable to secure the financing and contracts necessary to really push forward with the project. Here we are less than one year later and the energy landscape has been turned on its head.