By Andrew Snyder, TodaysFinancialNews.com

Baltimore — (TFN): You don’t believe all the hype do you? As we close out another year and another decade, the pundits are busy rehashing the action of the past ten years.

The political types are discussing the rise and fall of the Bush administration, a couple of wars and the nation’s first black president. The Hollywood folks are talking about the end of the sitcom, the death of an icon and the phenomenon that is American Idol.

Recently, natural gas prices have been lower due to reduced demand during this recession and excessive supply from domestic natural gas fields.  Natural Gas prices are poised to head much higher.  This gives you an opportunity to accumulate one of the best natural gas companies Chesapeake Energy stock (CHK) at a great value.

In the energy market on Friday, crude for August delivery slipped, closing at $69.16/barrel, down $1.07. July reformulated gasoline lost 2.42 cents, to $1.8741/gallon.

“It’s not technically a new decade yet,” writes small-cap expert Dan Denning at WhiskeyandGunpowder.com. “But if the trade of the last decade was to sell stocks and buy gold, then maybe the best trade for the next ten years is to sell bonds and buy energy. Gas, coal, oil, conventional, unconventional, renewable, alternative. You have a whole portfolio of choices.”

In the energy market on Friday, crude for July delivery slipped, closing at $68.44/barrel, down 37 cents. July reformulated gasoline fell three-quarters of a cent, to $1.9546/gallon.

In the energy market on Friday, crude for July delivery advanced, closing at $61.67/barrel, up 62 cents. June reformulated gasoline rose 4.11 cents, to $1.8408/gallon.

After an unparalleled fall, natural gas prices could double by next year, as a growing number of idle rigs create a supply crunch.

This bear market has pushed the price of many good stocks to bargain-basement levels. In my view, the stock prices of many oil and natural gas exploration and production (E&P) companies are irrationally low.

Ukraine and Russia are at it again. This time, it’s turned especially nasty, as Russia cut off natural gas supplies to a host of European countries. Tired of relying on Russia, the EU will again look for alternatives. Its eyes will wander to Turkmenistan.

T-3 Energy Services (NASDAQ:TTES) provides essential safety equipment for oil and gas rigs. Though drilling activity has been affected by the fall in commodity prices, Chris Mayer says the stock has been massively oversold. Today it is trading at $19, down from a high of $84 last year. Given its healthy cash flow and strong international growth outlook, Chris says a move back to $60 is on the cards.