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Billionaire Trader: Seismic Shift Is Taking Place In Houston Oil Patch

The energy industry in Houston is in the midst of a “seismic shift” with much of the discussion and funding now focused on clean energy instead of on oil and gas as it was typical until a year ago, according to John Arnold, who has earned a fortune from trading and was the former head of natural gas derivatives trading at Enron.

“There’s been seismic shift in the Houston energy industry of late,” Arnold wrote in a Twitter thread this week. While most of the talk in Houston’s energy scene last year was about oil…

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