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Gold/Mining/Energy : Shale Natural Gas, Oil and NGLs and ESA
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From: jrhana6/29/2009 8:22:24 AM
   of 6160
 
Cramer's Outrage: Make Your Case, Natural Gas Companies! Anadarko Petroleum (APC), Southwestern (SWN), Apache (APA), XTO Energy (XTO), Chesapeake Energy (CHK)

Cramer thinks Obama is making a mistake by discouraging natural gas use, but natural gas companies are making an even bigger mistake by lying down and taking criticism without lobbying Washington. Obama's cap and trade emissions plan will punish natural gas companies, but the fuel doesn't deserve this kind of treatment and it will be many years before alternative fuels are developed in supplies sufficient to fuel the nation's energy needs. The "total travesty," is that Anadarko, Southwestern, Apache, XTO Energy and Chesapeake Energy are not fighting this unfair proposal. Cramer's advice for these companies: “Take your profits, go get some decent lobbyists,” give “gigantic contributions." Natural gas companies shouldn't take this lying down.

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