How do you invest off of it?
Frankly, you bet on its failure. You bet that the big distributors of natural gas team up with Cheniere Energy Partners (CQP - Get Report) and its affiliated export terminal company, Cheniere Energy (LNG - Get Report) which doesn't have enough money to do it on its own and get the natural gas where it is more needed and can earn more money, which is overseas. The way I have been advising this is to buy Chart Industries (GTLS - Get Report), which just hit a 52-week-high yesterday.
You have to ask yourself what is that stock doing to hit a 52-week high? Simple. People see what is happening. The president is not going to let nat gas be used as a bridge fuel so all of these big international oil companies are going to build facilities to send it to Asia. You can't do it without GTLS.
So, bet all you want that Boone Pickens and his team can get this critical act through. I am going to be with the president, who tilts toward windmills, and the coal and chemical industries. Sadly, I believe