Wilbur Ross consolidates control of LNG shipper Navigator

Wilbur Ross, billionaire investor and distressed asset specialist, is known to be bullish on natural gas. He considers gas to be one of the cheapest fossil fuels and the least non-polluting. The sustained fall in natural gas prices following the glut in production from shale assets has only bolstered his prediction that natural gas will soon find its way into many other applications for the common man. Read his recent interview on the topic here. Ross has also made a major investment in Exco Resources Inc (NYSE:XCO) which is an exploration company with shale gas assets. Ross sees great opportunity for U.S….