RealMoney - Commentary Obama Noticed Nat Gas! 03:32PM 11/03/10 By Jim Cramer
His sudden realization could spell big upside for the fuel and its associated plays
Obama Noticed Nat Gas!
By Jim Cramer RealMoney Columnist 11/3/2010 3:32 PM EDT Click here for more stories by Jim Cramer
Not once, but twice. President Obama mentioned natural gas twice in one speech. I am reeling.
Things are changing. I was skeptical even today when Dan Dicker authored his excellent piece about natural gas' potential ascendance. Not anymore.
You can't be skeptical when the president mentions nat gas more than he mentions renewables.
I know that Sen. Harry Reid is going to bring up the natural gas act that is so, so good for Clean Energy Fuels (CLNE - commentary - Trade Now) and Westport Innovations (WPRT - commentary - Trade Now) (and by implication, Cummins (CMI - commentary - Trade Now), which has a big stake in WPRT's success) on Nov. 17.
I had always thought the president's people would deep-six it -- as they have repeatedly, simply by a total lack of interest.
Doesn't sound like it anymore.
Dicker! Good job!
At the time of publication, Cramer was long Cummins.