Posted on January 4, 2008.
"It's a tough market right now, and people need to be careful with their investments. But before shunning the market, consider some areas that people may not have really thought about before. Jim Cramer, host of CNBC's "Mad Money."
"Oil prices are going up, reaching nearly $100 a barrel, and companies are becoming more environmentally conscious, there will soon be big changes on pollution limits due to greenhouse gasses and global warming. Therefore, companies are searching for alternative energy sources, and natural gas is at the top of the list. Originally, people mistakenly thought there wasn't enough natural gas available, but they were wrong. We have tons of natural gas here in North America, and it's cheap to get out.
You can expect companies and developers to switch to natural gas from coal (which is too dirty) from oil (which is too expensive) and from nuclear (which takes too long to build). Another point to consider is that natural gas will pass the muster of the Democrats. **When you talk about fuels, there is only one fuel that has no enemies. That's natural gas. **
In terms of picking the right natural gas company to invest in, choose companies that have the deepest natural gas reserves. Also consider companies that focus exclusively on natural gas, rather than try to cover other energy sources like oil. "