NEW YORK, Dec 11- Natural gas futures hit 7- month highs on Wednesday after cold weather forecasts bumped up expectations for heating demand in the United States, while U.S. crude prices tumbled on a report showing a build in gasoline inventories. Copper rose for a fourth straight session in London, hitting a one-month high together with zinc.» Read More
Plus, Cramer makes the call on mortgages, insurers, natural gas and more.
Cramer went to Ultra Petroleum’s CEO for an answer.
Investors looking to play the crude oil and natural gas price divergence should follow these trading tips, said Daniel Dicker, independent oil trader at TheStreet.com.
With natural gas prices dropping to its lowest level since 2002 and with inventories 19% above their five-year average, you’d expect nat gas stocks to be at yearly lows.
Natural gas prices have been plummeting over the past few weeks to a 7-year low while oil is climbing to 2009 highs. Addison Armstrong, director of market research at Tradition Energy, and Peter Beutel, president of Cameron Hanover, discussed their outlooks.
China and Australia struck a $41 billion agreement to provide China with liquefied natural gas (LNG) Tuesday, and the deal is an example how China is grabbing up energy at cheap prices at a time when it is one of the few countries investing in resources, experts told CNBC Asia.
Plus, get calls on the utilities, taxing stock trades and more.
That depends on whether Congress takes up the cause for natural gas.
Cramer asked the Clean Energy Fuels CEO for an answer.
Are the bulls running out of steam? Could be? While their heavier counterparts in London have already hit $76, WTI in New York can’t even muster a serious run to $75, writes Stephen Schork.
In light of yesterday’s report, there is nothing to suggest we will not see a test of support back in the mid $3s, writes Stephen Schork.
How will the market regain its losses? Cramer analyzes all the possibilities – and gives you stocks to play them.
When American stocks fail to deliver, Cramer urges investors to head north of the border.
Plus, get calls on the banks, natural gas and more.
The Cash for Clunkers program has been vital towards resuscitating the US auto industry and should continue, AutoNation CEO Mike Jackson told CNBC.
Forget cap-and-trade. If Washington wants less pollution, this is how to do it.
Some homeowners and companies are embracing so-called “cool roofs” that reflect heat as an affordable tool against climate change.
Oil prices surged yesterday, ostensibly, if media accounts are to be believed (they’re not) on news that sales of existing homes in the U.S. increased for a third straight month. We will be honest… we had no idea it required so much crude oil to resell a home in the U.S., writes Stephen Schork.
Word on the Street has it that the SEC will approve the UNG for those additional 1,000,000,000 units the ETF is seeking… and at the same time government officials will continue to rail at excessive speculation in the market, writes Stephen Schork.
The price of oil has always been front and center for market watchers, but it is now watched as closely as ever.