Cramer's 'Mad Money' Recap: A Hope-Filled Rally
Then there's the issue of infrastructure. Clean Energy Fuels (CLNE) now has 600 natural-gas filling stations, far less than the 120,000 regular gasoline stations in the U.S. That's why only garbage trucks and buses have made the switch so far because they can refuel nightly at their depot rather than trying to find a station on the road.
Car companies don't see any demand to make natural gas cars, said Cramer, because home fueling options are still several years off and many consumers don't want to pay more up front to reap the rewards of lower operating costs later.
Cramer said only a presidential intervention -- such as mandating the U.S. Postal Service use natural gas, for example -- would be big enough to jump-start the industry. Otherwise, companies like Exxon Mobil (XOM) will continue to stand in the way of making this clean, domestic fuel source a reality.
He's Got a Little List
In his closing comments, Cramer prepared a new "Wall of Shame: Fiscal Cliff Annex," a place to house members of Congress who are not prepared to rise above party politics and put the country's needs over their own personal political agendas.He said some in Congress feel going over the cliff will cause the other side to fold in their negotiations, a view that Cramer called "a heartless way to prove a point."
As the crisis continues to evolve, Cramer said he's got his short list of candidates at the ready.
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-- Written by Scott Rutt in Washington, D.C.
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