Above average temperatures are expected for this summer in the U.S., which could lead to surging demand for electricity and natural gas. But with the price of natural gas jumping more than 60 percent in recent months, Jim Cramer worried that the rally could run out of fuel.
"Much of this is already baked into the price of the commodity," the "Mad Money" host said.
Looking at charts is often helpful to determine the trajectory of a given stock or commodity. That is why Cramer turned to Carley Garner, a technician and commodities expert who is the co-founder of DeCarley Trading and a colleague at RealMoney.com.
When Garner reviewed the charts for natural gas, she was skeptical that the move could last. Natural gas tends to be hostage to weather patterns. Last winter was an unseasonably warm winder in the Mid-West and East coast, which meant people needed less fuel for heat.
Lately, those losses have been reversed thanks to a historically hot and dry summer.