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Cramer on BlogggingStocks: Go for nat gas, coal is doomed

 Oct 02, 2009 02:30 PM UTC
Return Risk
+2.37% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
BTU n/a
CHK Positive 10/02/09 -9.46% --
ACI n/a
DVN Positive 10/02/09 +5.87% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Market matters, Chesapeake Energy (CHK), Stocks to Buy, Cramer on BloggingStocks


TheStreet.com's Jim Cramer says natural gas is the preferred fuel, but Congress isn't paying attention.

Congress can't rein in coal, but the Environmental Protection Agency can.

One of the most amazing shams I have seen in my life is the alleged "clean coal" campaign by so-called King Coal. Arch Coal (NYSE: ACI) (Cramer's Take), Peabody (NYSE: BTU) (Cramer's Take) and the rest of the gang have incredible congressional mindshare, and the notion of carbon sequestration -- which has no potential for feasibility within the next 10 years, if ever -- has become gospel in Washington.

Continue reading Cramer on BlogggingStocks: Go for nat gas, coal is doomed

Cramer on BlogggingStocks: Go for nat gas, coal is doomed originally appeared on BloggingStocks on Fri, 02 Oct 2009 09:30:00 EST. Please see our terms for use of feeds.

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