WEXFORD, Pa.--(EON: Enhanced Online News)--Ronald H. Muhlenkamp, President of Muhlenkamp & Company, Inc. and Portfolio Manager of the Muhlenkamp Fund, will host a free investment seminar on Thursday, November 7, at the Regional Learning Alliance in Cranberry Township. Mr. Muhlenkamp will present “Natural Gas: An Energy Game Changer.”
“In moving towards a hydrogen economy, using natural gas gets us halfway there.”
Two sessions are planned. The afternoon event begins at 2:00 p.m. and the evening event begins at 7:00 p.m. Doors open one half-hour in advance; light refreshments will be served. Both sessions are also available via live video webcast. To register, call 877.935.5520 extension 4, or visit www.muhlenkamp.com.
At the seminar, Mr. Muhlenkamp will address shale gas drilling from the perspective of a landowner, consumer, environmentalist, engineer, and investment manager. “I am keenly interested in what’s taking place in our backyards, so I did a lot of research on the implications of shale gas drilling. My findings, which have been published in area newspapers, will be presented.”
“Historically, the relationship between prices for crude oil and natural gas was set by the relative energy density between the two: a nominal ratio of about 8:1,” stated Mr. Muhlenkamp. “Since 2009, the price of crude oil has gone up; the price of natural gas has not. This is the result of the horizontal drilling and hydraulic fracturing of natural gas in the U.S.,” he added. “The long-term result of this energy revolution is lower energy bills for U.S. consumers and businesses. This has already had a dramatic effect on electric power generators. We think the next area of opportunity is in transportation, particularly over-the-road trucking.”
“Further, if you burn natural gas instead of gasoline or coal, you produce one-third to one-half as much carbon dioxide,” Mr. Muhlenkamp offered. “In moving towards a hydrogen economy, using natural gas gets us halfway there.”
“I’m also interested in making sure that landowners understand the longer-term implications of signing a lease, which can amount to a three-generation proposition,” stated Mr. Muhlenkamp.
Mr. Muhlenkamp’s career spans 40+ years, which has been devoted to the management of investment portfolios. He is a nationally recognized investment manager, frequent guest of the media, and author of Ron’s Road to Wealth: Insights for the Curious Investor, published by John Wiley & Sons.
Headquartered in Wexford, Pennsylvania, Muhlenkamp & Company, Inc. offers both private account management and the 100% no-load mutual fund, the Muhlenkamp Fund (MUHLX).
For more complete information about the Muhlenkamp Fund, including risks, fees, and expenses, please call 877.935.5520 for a free prospectus. Please read it carefully before investing.
Mutual Fund investing involves risk. Principal loss is possible.
While the Muhlenkamp Fund is no-load, management fees and other expenses will apply. Please refer to the prospectus for further details.
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