This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Dicker and Link: Obama Emissions Proposal Great News for Natural Gas

NEW YORK (TheStreet) -- I was talking to Stephanie Link, co-portfolio manager for Action Alerts PLUS, about Obama's latest proposal to cut emissions from power plants by more than 30% by 2030. I cannot help but think this is another great reason to continue to accumulate natural gas stocks and continue to shun shares of coal and coal mining companies.

Even though the emissions proposals are going to have to go through a long period of comment from the industry and refinement before any hard numbers will be agreed to, it delivers on a promise that the president made to his "green" base about climate change. Obama proposed a plan for emissions cuts for existing electricity production that mirrors the cuts hes put in place for new power plant construction.

Since 75% of the carbon emissions from power plants come from coal, there can be little doubt that the Obama proposals will have their greatest negative effect on coal miners and coal stocks. But the new proposals will also pressure states to continue the conversion of power plants to running natural gas, which has a much improved carbon footprint.

The new EPA proposal, along with natural gas sequestration, dropping stockpiles and the coming advent of exported natural gas in the form of LNG, reinforces natural gas as my sleeper pick for a revitalizing energy boom that will gain strength through 2014 and into 2015.

Along with Stephanie, I like Southwestern (SWN). I think that Ultra Petroleum (UPL) and Devon (DVN) hold long-term value. Stephanie also likes some of the materials providers for the continuing infrastructure build-out for a natural gas resurgence and mentions Chicago Bridge and Iron (CBI) and Fluor (FLR).

I talk more with Stephanie about the Obama emissions proposal in the video above.

At the time of publication, Dicker was long Southwestern, although positions may change at any time.

This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.

>>Read More: Boring Market? Careful What You Wish For

>>Read More: Why Apple Continuity Among Its Top-Tier Products Is Great for Investors

Dan Dicker has been a floor trader at the New York Mercantile Exchange with more than 25 years of oil trading experience. He is a licensed commodities trade adviser.

Dan is currently President of MercBloc LLC, a wealth management firm and is the author of "Oil's Endless Bid," published in March of 2011 by John Wiley and Sons.

Dan Dicker has appeared as an energy analyst since 2002 with all the major financial news networks. He has lent his expertise in hundreds of live radio and television broadcasts on CNBC, Bloomberg US and UK and CNNfn.

Dan obtained a bachelor of arts degree from the State University of New York at Stony Brook in 1982.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,079.57 -42.44 -0.25%
S&P 500 1,996.74 -3.38 -0.17%
NASDAQ 4,557.6950 -11.9260 -0.26%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs