Natural Gas Is the Way

The natural gas guys just won't say it. They will not speak up for themselves. As they discover we have more and more natural gas -- the cleanest fuel around -- than we thought, as they raise estimates of reserves -- today being EOG's (EOG - commentary - Cramer's Take) day, we see the future of low food and gas inflation and we just ignore it.

This stuff is driving me crazy. Think about it, Devon (DVN - commentary - Cramer's Take), Anadarko (APC - commentary - Cramer's Take), Apache (APA - commentary - Cramer's Take), Southwestern (SWN - commentary - Cramer's Take), XTO (XTO - commentary - Cramer's Take) and Chesapeake (CHK - commentary - Cramer's Take) have been raising reserves remarkably.

The stuff is abundant. We have more of it than anyone thought. We have a price of gas that would not match oil until it goes to $16 -- that's from Bob Simpson from XTO -- and we have it here, safely, domestically.

What is the deal?

Off camera, these execs are incredulous about ethanol and the need to burn our food.

They cannot believe that we have an ability to bring down oil and bring down the price of food simply by relying more on this fuel.

But we are relying less. I cannot believe this. I cannot believe that it is all happening like this. How could our country be so wrong? How can we talk about nuclear -- which no one is going to let be built -- clean coal -- which is too expensive --and oil, which is in the hands of OPEC/terrorists, when we have plentiful, terrific natural gas that we could give incentives for to drill even more.

The nat gas lobby is nil. It has no support. The president, who knows this market well, says nothing about it.

I have been behind these stocks forever and they are almost all at 52-week highs.

Coal's a loser. Sorry. We can ship it overseas, but as the Democrats gain strength, you can forget about coal as a fuel. Just forget about it.

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