Tsunami Damage A Natural Gas Boon?
Jim Cramer, host of CNBC’s “Mad Money,” says the tsunami that hit Japan and damaged several nuclear-powered reactors will be the death knell for nuclear energy and a boon for natural gas in that country.
“I see a wave of rebuilding, with natural gas being the preferred fuel,” he writes. “It’s the fastest to build and the cheapest.”
He then goes on to spread that industry-touted claim that natural gas is “much cleaner than coal,” despite the fact that the industry hides the contents of its drilling fluids and fights against regulation at every turn, even as many communities — including those in Tarrant County — are reporting health problems related to drilling.