Momentum or hype: Cramer talks natural gas, again

Is he mad or just attuned to the winds of change

Wow. I watch a lot of Jim Cramer's Mad Money as I'm a CNBC junkie. Not long ago Cramer called out Boone Pickens and his natural gas movement, after Cramer, months earlier, gave a nod to the Pickens Plan.

At that point I truly believed natural gas, at least as far as a transportation fuel, was dead.

Yet, Cramer is back on the bandwagon, and he's discussed natural gas several times in just the last few weeks. According to Cramer,this turn was dictated by the positive momentum of natural gas legislation in Congress that is rumored to have strong, growing bipartisan support. Likewise, the Rockies pipeline, within about a year, could have a major effect on pushing natural gas prices much lower - even to the point of mass export.

Thus, Cramer had on the CEO of Ultra Petroleum Corp today to discuss these issues. I'll post a link to the video later.