Nat Gas Is a Growth Story

Iran, thanks a lot. Wrecking the darned thesis.

But reminding us that oil is different from nat gas.

Other than valuations, I can't stand the integrated. I like the nat gas stocks and own some for Action Alerts PLUS, because they are domestic and are finding nat gas, and they all could be the next ConocoPhillips (COP - commentary - Cramer's Take) without the nasty refinery business, which was awful for years except for a golden age that lasted for some of this decade.

But nat-gas stocks are growth stocks, and nat-gas fuel is a share take and is half the price of oil per equivalent. That's why outfits like Cabot (CBT - commentary - Cramer's Take) in Marcellus or Devon (DVN - commentary - Cramer's Take) in the Gulf or Chesapeake in the Haynesville mean so much to me, They can grow, and the idea that they should be lumped in with ne'er-do-growers like BP (BP - commentary - Cramer's Take) and Exxon Mobil (XOM - commentary - Cramer's Take) is ridiculous.

I think that within a few years we will realize that we are a nat-gas nation until we get battery cars and nuclear power, and that means, I believe, a 10-year window. They will eventually ban coal if we don't get better technology, but we will never ban nat gas, and we've got a ton of it, and it is easily transportable, and it is cheap.

I am a buyer of these stocks on the way down -- and they will resume their decline if nothing happens in Iran, because I think no matter who is elected, we will realize that energy independence is more important than almost anything else, and only nat gas can give it to us in our time frame.

At the time of publication, Cramer was long Cabot and Devon.

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