The Rising Influence of Rising Affluence

[CT]

Any thoughts on CHK here? Potential U.S. climate policy actions could tilt the scale towards NG over coal in the near future. Even though there has been more coverage of the controversial "fracking" technique in recent weeks that may generate some knee-jerk action in Congress, I believe it's a remote possibility that the industry would not be able to limit damage to keep shale drilling economically viable. Heck, we can't even get Congress to do something about MTR coal mining. Compromise would seem inevitable as climate change activists would probably give a great deal to drive a wedge between the fossil fuel lobby in favor of NG over coal.

Furthermore, I did a quick check of worldwide reserves to market cap ratio for their sector, and CHK is at the top of the heap. More than double that of XTO.

I'm not particularly fond of CHK's management.