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Deep Dive: You might profit handsomely for decades with this bet on natural gas

Rather than just trying to play a recovery in oil prices, Michael Roomberg of Miller/Howard Investments is focusing on the long-term potential for gains tied to increasing demand for U.S. natural gas.

Roomberg manages the Miller/Howard Drill Bit to Burner Tip Fund DBBDX, -0.90% which was established at the end of 2015 and has only $6.2 million in assets. But the fund follows the same strategy that has been available to Miller/Howard clients since 2011, and there is a total of $220 million in assets managed under the strategy.

Roomberg said both the fund and the strategy have “a structural bias toward natural gas production and consumption, which we believe will continue to grow for several decades.

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