Jim Murchie heads Connecticut-based Energy Income Partners, an investment firm that focuses on “poles, wires, pipes, and tanks.” In this epsiode, Murchie talks about why the best investing returns come from “natural and legal monopolies,” why shareholders took “the credit card away” from oil and gas drillers, and why despite its many challenges, the U.S. energy sector continues to lead the world. (Recorded March 24, 2023).