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Encouraging Words for Nat-Gas Investors

By Jim Cramer

About this article:
Bob Simpson is among the smartest men in the natural-gas patch. He's chairman and founder of XTO Energy, and it is up 1,800% in the last decade. Miraculous, nothing short of miraculous. Which is why I thought his confidence last night on "Mad Money," despite the intense and unrelenting decline of the commodity, was a great sign of the future. Of course his production is hedged at much higher prices for this year and next, courtesy of his sense of the market and how the futures got ahead of themselves, but he told me that he thinks that $5-$6 is the natural level for the commodity, and when it gets full up in storage, as it is about to be, the cutbacks will be severe, and you will see the equilibrium. I want to make it clear that Bob did not think we need Washington's help to...

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