Rocket in place
On 06/22/2010 = Cramer like CHK at $24.50 (It is $3.50 now)
He said, "Worldwide demand will turn the US into a “very big exporter” of natural gas, Cramer said on Monday’s Stop Trading!, especially as Washington remains uninterested in natgas as an alternative energy source. The future in exportation of natural gas appears strong, Cramer said, especially since President Barack Obama and Democrats are not interested in talking about it. “It’s going to be reflective of worldwide demand, not domstestic demand,” he said. “We have to create a world where we export.”
Cramer likes natgas as a long-term investment. He thinks there are two options to play natgas. One is United States Natural Gas (UNG), an etf for natural gas, but he prefers going with Oklahoma City, Okla.-based Chesapeake Energy Corporation (CHK)".