Don-n-ABQ

Cramer's Mad Money - Five Safety Stocks (10/29/09)

RE: "However, some legislators are starting to get the message about natural gas. Oklahoma Congressman Dan Boren (Democrat)..."

That is like saying: "A Colombian politician takes a bribe from the cocaine cartel."

You can't get elected in Oklahoma if you don't believe in natural gas.

Things will only change for natural gas when the congressmen and woman from New York and California get on board. Two years ago this would have been impossible, but now the Marcellus Shale discovery might get New York, Pennsylvania and Ohio on board, and California's budget problem and all the NG in the Santa Barbara Channel might get them on board.

If the federal government and California opened up the SB Channel, the state of California could probably obtain $500 billion in financing against leases and royalties payments.

But, that probably won't happen unless we are both in a recession and the price of oil is $150.00 per-barrel and NG is $13.00...