Friday, March 30, 2012

Getting into Natural gas: ETF is UNG

Buying call options for UNG. Gas prices are at 10 year low. There is a trend of trucking companies slowly going the route of natural gas. I think this has bottomed or close to it's bottom. UNG has had an 85% drop over the last 3 years. Time to get in. Fundamentals are sound. Also, this is the cleanest form of fossil fuel. Many catalyst for moving into this direction for Obama as well. North America has a lot of natural gas and the economy can truly benefit by tapping more into natural gas.

Another stock to consider to play natural gas story is the fueling pump builder CLNE (Clean Energy). This is another potential riser.

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